The National Stock Exchange (NSE) on March 15, 2024, issued a notification regarding the Annual Calendar and Operational Guidelines for Settlement of Running account of clients’ funds lying with the Trading members.
This concerns the SEBI Circular on “Settlement of Running account of clients’ funds lying with the Trading Members”.
Following para 3.2 and 6.3 of aforesaid SEBI Circular, Exchanges have jointly prescribed the annual calendar for the settlement of running account (quarterly and monthly) for the financial year 2024-25 enclosed herewith as Annexure A. Further, under para 6.4 of aforesaid SEBI Circular, Exchanges have jointly framed operational guidelines enclosed herewith as Annexure B.
[Notification No. NSE/INSP/61164]