What settlement details are required on the delivery instruction slip?
Ans. On every stock exchange, various settlements are effected every day such as daily settlement , auction settlement etc. Each of these settlements is identified by combination of a market type and a settlement number. You are required to mention the appropriate settlement details on the delivery instruction slip while transferring the shares to your broker’s account. These settlement details are available on the contract note issued by the broker.
A15. Every settlement is identified by a combination of a market type and a settlement number. Investors are required to mention the appropriate settlement details on the delivery instruction slip while transferring the shares to the broker’s account. These settlement details are also available on the contract note issued by the broker.
On every stock exchange, various settlements are effected every day such as daily settlement, auction settlement, etc. Each of these settlements is identified by combination of a market type and a settlement number.You are required to mention the appropriate settlement details on the delivery instruction slip while transferring the shares to your broker’s account. These settlement details are available on the contract note issued by the broker.
On every stock exchange, various settlements are effected every day such as daily settlement, auction settlement, etc. Each of these settlements is identified by a combination of a market type and a settlement number. You are required to mention the appropriate settlement details on the delivery instruction slip while transferring the shares to your broker’s account. These settlement details are available on the contract note issued by the broker.
Related Questions
- What is delivery instruction slip (DIS)? What precautions do one need to observe with respect to Delivery Instruction Slips?
- If client sells securities through a sub-broker, which part of the delivery instruction slip has to be filled?
- What benefit a client gets by giving delivery instruction slip with a future execution date?
