Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What settlement details are required on the delivery instruction slip and when delivery is to be given to a broker?

April 26, 2017broker DELIVERY given instruction slip

0

Posted

What settlement details are required on the delivery instruction slip and when delivery is to be given to a broker?

1 Answer

0

Posted

• On every stock exchange various settlements are effected every day such as weekly settlement, daily settlement, auction settlement etc. Each of these settlements is identified by the combination of the market type and the settlement number. You are required to mention the appropriate settlement details on the delivery instruction slip while transferring the shares to your broker’s account. These settlement details are available on the contract note issued by the broker.