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February 17, 2025
Settlement Holiday on 19-Feb-25
19-Feb-25 is a Settlement Holiday due to Chhatrapati Shivaji Maharaj Jayanti. The Currency Segment will be closed for trading on this day. However, other segments are open to trading.
What this means for you:
You can place your Trades as usual, except the stock purchased on 18-Feb-25 will not be allowed to be sold on 19-Feb-25. The settlement of funds/securities will be processed as detailed in the table below:
|
Segment |
Trade Placed On |
Date of Settlement |
|
Equity |
18-Feb-25 |
20-Feb-25 |
|
Derivatives (F&O) |
18-Feb-25 |
20-Feb-25 |
Note: Stock purchased on 18-Feb-25 will not be allowed to be sold on 19-Feb-25. This change is only for double pay-in/payout of stock due to the settlement holiday on 19-Feb-25 and is not a regular change.
Your credit balance for 19-Feb-25 will not include the following:
|
Segment |
Account Balance Exclusions |
|
Equity |
Intraday Profits made on 18-Feb-25 |
|
Derivatives (Equity F&O, Currency & Commodity) |
Credits Made From Trades Done On 18-Feb-25 |
Just so you know: Settlement holidays refer to days when markets (except the Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades made during that day will be settled in the next settlement cycle, as per the respective segments.
