Have Questions? Visit our FAQ Section Contact Us 1800 - 102 - 3335 Mon to Fri (8:30am - 5:30pm) Sat (10am - 2pm) Still have questions? Raise a query Contact Us Mon to Fri (8:30am - 5:30pm) 1800 - 102 - 3335 Give Us Feedback! We welcome your suggestions and ideas. With over a million members we constantly improve our services. © All rights reserved 2020 Broking services offered by Edelweiss Broking Limited under SEBI Registration No.: INZ000005231 (Member of NSE, BSE, MCX and NCDEX). EBL CIN:
U65100GJ2008PLC077462. Research services offered by Edelweiss Broking Ltd. under SEBI Registration No. INH000000172. Depository Participant SEBI Registration No.: IN-DP-656-2021 with NSDL having DP ID: IN302201 & IN303719 and with CDSL having DP ID: 12032300. Investor grievance resolution team: 040-41151621; Email ID: (for trading related) and (for demat related). Name of the Compliance Officer for Trading & DP - Mr. Pranav Tanna, Email
IDs: / . Edelweiss Broking Ltd. also acts in the capacity of distributor for Products such as OFS, Mutual Funds and NCD etc Broking services offered by Edelweiss Broking Limited under SEBI Registration No.: INZ000005231 (Member of NSE, BSE, MCX and NCDEX). EBL CIN: U65100GJ2008PLC077462. Research services offered by Edelweiss Broking Ltd. under SEBI Registration No. INH000000172. Depository Participant SEBI Registration No.: IN-DP-656-2021 with NSDL having DP
ID: IN302201 & IN303719 and with CDSL having DP ID: 12032300. Investor grievance resolution team: 040-41151621; Email ID: (for trading related) and (for demat related). Name of the Compliance Officer for Trading & DP - Mr. Pranav Tanna, Email IDs: / . Edelweiss Broking Ltd. also acts in the capacity of distributor for Products such as OFS, Mutual Funds and NCD etc Attention Investors Broking services offered by - Edelweiss Broking Ltd. under SEBI Registration no. INZ000005231 (NSE, BSE & MSEI. Corporate office: Edelweiss House, OFF CST Road, Kalina, Mumbai - 400098, Tel. (022) 4009 4400 / 2286 4400. | KYC is one time exercise while dealing in securities markets - Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. | Prevent unauthorised transactions in your trading account - Update your mobile numbers/email IDs with your stock broker(s). Receive information of your transactions directly from exchange on your mobile/email at the end of the day. | Prevent unauthorized transactions in your demat account - Update your mobile number with your Depository Participant, to receive alerts on your registered mobile number for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day. - Issued in the interest of the investors. | SEBI Notification for all investors including retail individual investors for all public issues opening on or after January 01, 2016 - No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. -How long does it take for a trade to settle?When does settlement occur? For most stock trades, settlement occurs two business days after the day the order executes, or T+2 (trade date plus two days). For example, if you were to execute an order on Monday, it would typically settle on Wednesday.
What does it mean for a trade to settle?Following a trade of stocks, bonds, futures, or other financial assets, trade settlement is the process of moving securities into a buyer's account and cash into the seller's account. Stocks over here are usually settled in three days.
Why does it take 2 days to settle a trade?The rationale for the delayed settlement is to give time for the seller to get documents to the settlement and for the purchaser to clear the funds required for settlement. T+2 is the standard settlement period for normal trades on a stock exchange, and any other conditions need to be handled on an "off-market" basis.
What happens if you sell stock before settlement date?The moment you sell the stock from your DEMAT account, the stock gets blocked. Before the T+2 day, the blocked shares are given to the exchange. On T+2 day you would receive the funds from the sale which will be credited to your trading account after deduction of all applicable charges.
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