Cash Market Settlement Cycle for Dematerialized Securities as follows:
Normal Market: The trades executed each trading day are considered as a trading period and trades executed during the day are settled based on the net obligations for the day. At National Stock Exchange, trades in rolling settlement are settled on a T+2 basis i.e. on the 2nd working day. Typically trades taking place on Monday are settled on Wednesday, Tuesday’s trades settled on Thursday and so on.
A tabular representation of the settlement cycle for rolling settlement is given below
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