Can one square off transactions done in Rolling Settlements?
Yes.Since the trades done during a day in a Rolling Settlement except those in scrips in “Z” group are netted, one can square off the transaction on that day only. The trades in “Z” group scrips are not allowed to be netted and are settled on a trade-to-trade basis. As such, the squaring off should be done before close of the market hours on that day. It may be clearly understood that the trades during a day cannot be squared off or netted with transactions on the earlier or subsequent days.
