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Announcements

MarketCircularsDaily Updates
March 25, 2021
185

Settlement Holiday: 01-Apr

01-Apr-21 is a Settlement Holiday due to Annual Bank Closing. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

  • You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:

Segment Trade Placed on Date of Settlement
Equity 31-Mar & 01-Apr 06-Apr
Derivatives (F&O) 31-Mar & 01-Apr 05-Apr

Note: 02-Apr is a Trading Holiday due to Good Friday. The same has been taken into consideration to arrive at the Date of Settlement mentioned above.

  • Your credit balance for 01-Apr will not include the following:

Segment Account Balance exclusions
Equity Intraday Profits made on
30-Mar & 31-Mar
Derivatives
(Equity F&O, Currency & Commodity)
Credits made from trades done on
31-Mar

Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.

Here’s a Quick List of Settlement Holidays

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