AS CHAKRAVARTHY NCFM ACADEMY HYDERABAD
Phone : +91 9848960767 / 9573157595.
NCFM : NISM : Stock Market Training in Hyderabad
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NCFM Training in Hyderabad : Stock Market Course - AS Chakravarthy Academy Established in the year 2004, in Ameerpet, Hyderabad is a top player in the category Share Trading Institutes in the Hyderabad. This well-known establishment acts as a one-stop destination servicing customers both local and from other parts of Hyderabad - his NCFM Course in Hyderabad : CM - Capital Market Dealers Module.
NCFM Course Institute in Hyderabad : ASC NCFM Academy
Best for Options Trading training - Intraday trading training in Hyderabad
NCFM Course in Hyderabad : Capital Market - Clearing and Settlement
Key Terminologies used in Clearing and Settlement Process
Pay-in day: the trading members/brokers make payments or deliver the securities to the clearing corporation of the Exchange for all transactions traded by or through them in the respective settlement period.
Securities Pay-in: delivering securities to the clearing corporation to effect settlement of a sale transaction.
Funds Pay-in: The transfer of funds to the clearing corporation to pay for purchase transactions.
Pay-out day: When the clearing corporation of the stock exchange transfers funds and securities to the broker/trading member who have receivable obligation.
Securities Pay-out: Receiving securities from the clearing corporation to complete the securities settlement of a purchase transaction.
Funds Pay-out: The transfer of funds from the clearing corporation to complete the funds settlement of a sale transaction.
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