How is the trading, clearing and settlement in Corporate Debt carried out at BSE?
The trading in corporate debt securities in the F Group are traded on the BOLT order-matching system based on price-time priority. The trades in the ‘F Group’ at BSE are to be settled on a rolling settlement basis with a T+2 Cycle with effect from 1st April 2003. Trading continues from Monday to Friday during the week. The Trade Guarantee Fund (TGF) of the Exchange covers all the trades in the ‘F’ Group undertaken on the electronic BOLT system of the Exchange.