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What about scrips where trading and settlement takes place on Trade to Trade basis because of Surveillance reasons?

April 26, 2017basis reasons scrips surveillance takes Trade trading

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What about scrips where trading and settlement takes place on Trade to Trade basis because of Surveillance reasons?

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At times, the trading and settlement in scrips is placed by the Exchange on Trade to Trade basis because of Surveillance reasons. Such scrips are not included in “Z” group for settling transactions in these scrips on Trade- to- Trade basis and trading and settlement continues to be in their respective B1 or B2 groups. A $ sign is however, placed alongside the Scrip ID of the scrips in BOLT to indicate that trading and settlement in the scrip is on trade to trade basis. Further, the names of these companies are available in the News Category “Scrips under Trade-to-Trade- other than “Z” group” on the BOLT system. Investors should exercise due caution while placing orders in these scrips as netting of buy and sale position in the same scrip on the same day is not permitted.