A transaction of the dematerialised equity share took place on the 9th October, 2018 at BSE. According to the Compulsory Rolling Settlement, complete the following table with timeline of the settlement cycle: Activity Da

CS Executive · Capital Markets & Securities Laws · PYQS · December 2018
A transaction of the dematerialised equity share took place on the 9th October, 2018 at BSE. According to the Compulsory Rolling Settlement, complete the following table with timeline of the settlement cycle: Activity Day and Date Rolling Settlement Custodial Confirmation and Delivery Generation Securities and Funds Pay-in and Pay-out Auction Bad Delivery Reporting Auction Settlement Rectified Bad Delivery Pay-in and Pay-out Re-Bad Delivery Reporting and Pick-up Close out of Re-Bad Delivery and Funds Pay-in and Pay-out

Answer & Explanation:

S No. Activity Day Day & Date i. Rolling Settlement Trading T Tuesday i.e. 9 th October 2018 ii. Custodial confirmation Delivery generation T+1 working day T+1 working day Wednesday i.e. 10 th October 2018 Wednesday i.e. 10 th October 2018 iii. Security and funds Pay in Security and Funds Pay-out T+2 working days T+2 working days Thursday i.e. 11 th October 2018 Thursday i.e. 11 th October 2018 iv. Auction T+3 working days Friday i.e. 12 th October 2018 v. Bad Delivery Reporting T+4 working days Monday i.e. 15 th October 2018 vi. Auction Settlement T+5 working days Tuesday i.e. 16 th October 2018 vii. Rectified Bad delivery Pay-in Rectified Bad delivery Pay-out T+6 working days T+6 working days Wednesday i.e. 17 th October 2018 Wednesday i.e. 17 th October 2018 viii. Re-Bad Delivery Reporting and Pick-up T+8 working days Friday i.e. 19 th October 2018 ix. Close out of Re-Bad Delivery & funds pay in and payout T+9 working days Monday i.e. 22 nd October 2018

Topics: Securities Market Operations

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