Sub: Settlement process in respect of scrips traded under new group XC, XD and XT
Attention of Clearing Members is drawn to the circular no.20151015-7 dated October 15, 2015 issued by BSE Ltd. regarding introduction of three new scrip groups XC, XD and XT.
In this connection, Clearing Members are hereby informed that, scrips traded under new groups i.e. ‘XC’ and ‘XD’ would be settle on normal rolling basis and group XT would be settle on Trade to Trade basis. Market type in depository system for settlement purpose will remain same.
All other norms / guidelines of the clearing and settlement in respect of such scrips would remain unchanged.
For Indian Clearing Corporation Ltd.
Asst. General Manager
Date: Friday, October 30, 2015
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