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Is it possible to square off trades in dematerialised securities?

April 26, 2017dematerialised possible securities square trades

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Is it possible to square off trades in dematerialised securities?

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Yes. In the exclusive demat segment, the trades can be squared off within the same day as this segment follows a rolling settlement cycle. In the physical segment the trades can be squared off within the trading period specified for that stock exchange. This is presently five working days, between wednesday to tuesday at NSE, monday to friday at BSE and thursday to wednesday at CSE. At CSE for some of the shares (classified as specified group) the trading period is 14 days.