Settlement for the equity shares traded in all the Boards will occur on the third market day after the trade date (T+3).
The CDS will issue, on each market day, a settlement schedule, which will reflect the debits and credits that have been entered into the participant’s account and the net amount to be settled by each participant on a particular settlement date.
The buyer should ensure that ‘Cleared Funds’ are made available to the buying participant by 09:00 hours on the settlement date.
The participants should ensure that sufficient cleared funds are available in the settlement bank account by 09:30 hours on the settlement date to settle payments arising out of transactions carried out by such participant based on the settlement schedule issued by the CDS.
The inter-participant settlement of funds for Debt Securities traded on the CSE shall take place by 10:30 hours on the Settlement Date, through settlement bank(s) as per the Settlement Schedules issued by the CDS.
E-statements and E-Dividends Download Now
Decentralization of CDS Account Openings Tuesday February 4, 2020
CDS Signs MoU with KSD Tuesday November 27, 2018
CDS Attends the 18th ACG Cross Training Seminar Tuesday May 17, 2016
Way Forward: Future Developments of the CDS Wednesday June 15, 2016
CDS Launches e-Connect Facility Thursday August 4, 2016
CDS bolsters corporate action services portfolio with DCSL and Melsta Wednesday January 2, 2019