How
can I do ON Market Transactions for pay in ?.
In case of ON Market Transactions a BO can avail
the benefits such as
1. Give Instructions to DP
any time after trade.
2. Securities are picked up only at pay in time. You will get Maximum
time to arrange for securities, if not available
in your account.
3.. If balances in your account is
insufficient,
available balances is utilized.Risk of failure of instruction is Minimized.
To do ON market Transactions
- Select
settlement Instruction from right side of the window.
- Select
set up instructions.
- Select
setup
- Select
BO ID - must be 16 digit number
- Select
ISIN.
- Enter
quantity ( enter only the free balance in
order to avoid failure of
instruction.)
- Select
exchange Name.
- Select
market type.
- Select
settlement ID.
- Select
CM Id (Clearing Member id) One who trading through CSBL can select 10769 for
NSE and 263 for BSE. Others can select their respective CM iD
- Submit.
- Authentication
process is same as Off market or Early Pay in.
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