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Whether you trade regularly or not, knowing your funds and securities movement is important to make improved financial decisions.

You can also view the detailed information of the securities that are credited to your Demat accounts, such as Scrip Name, ISIN, Quantity, Closing rate as on T-1 day, Value, Haircut, and Amount. In such a case, your broker needs to release this amount and credit it to your registered bank account. 2,25,000, which means you still have a credit balance of Rs. As per SEBI guidelines, your broker needs to maintain a balance of Rs. In the above-mentioned example, let’s say you had a credit balance of Rs.

This part contains details regarding the value of funds and securities released by your broker and credited to your account. International Securities Identification Number (ISIN).Also, you will get the below-mentioned details of the securities retained by your broker: In this section, you will get the total value of the funds retained by your broker. Retention of funds and securities (value) Apart from it, this showcases a 225% margin requirement as per SEBI guidelines and the maximum funds and securities that can be retained. This part of the report gives you the details of the debit balance in your account (if any) and your funds and securities pay-in obligations on T and T+1 day for BSECM, NSECM, NSEFO, NSE Currency, and MCX Currency. 1,50,000, your account will be marked as retained, and the broker will not refund any amount to your account. As the fund available in your account is only Rs. In this example, you need to maintain the total margin of Rs. As per the rules, the broker has to maintain a 225% balance for the open position held by you. 1,00,000 would be blocked from your account, leaving a balance of Rs. 1,50,000 in your account and have taken four lots of security X with a required margin of Rs.

According to SEBI, the broker needs to block an additional 125% (Total 225 = 100+125) margin against holdings (pledged securities). Explanation regarding retention of funds and securitiesīefore we discuss what this section of the report contains you should know when the funds need to be retained. Apart from this, it also contains details of the value of securities available for trade on T day (Trading day). Unencumbered balance is calculated after adjusting the value of unsettled balances in trade day billing and required margin amount. This section contains the balance of your funds and securities as of the date of this statement. Let’s go over the key details of this report The total value of funds and securities available

Value of funds and securities available and retained.

Below are the few things that this report summarizes: This report contains all the details of funds transferred to your account or retained by the broker on the settlement date. Let’s understand, what is the Quarterly Payout Report

All accrual charges/debit charges will be retained, and funds will be credited to your account after deduction.

If you are having any margin requirement on the settlement date, your broker will block an additional 125% (Total 225 = 100+125) margin against holdings (pledged securities), after that if there is any shortfall in the margin, then funds will be retained, and reverse any excess funds to your account.

If your trading account balance is more than zero on the date of settlement and no transaction ( trading activity) in 30 days, then the funds will be flushed out in a monthly settlement period.

If your trading account balance is more than zero on the date of settlement, then the entire amount will be credited to your bank account.

However, if Friday is a trading holiday, then such settlement shall happen on the previous trading day.Īs per the recent circular effective from October 2022 date of settlement, below are the main points of SEBI’s guidelines: 0, the settlement of unutilized funds will take place on the first Friday of every month (if you have chosen monthly settlement) or on the first Friday of October, January, April, and July (if you have opted for quarterly settlement). This initiative by SEBI ensures higher security of traders funds and securities. What is Quarterly Settlement of Funds & Securities?īefore we learn what a Monthly/Quarterly Payout Report is, we need to understand the Quarterly Settlement of Funds & Securities policy introduced by the Securities and Exchange Board of India (SEBI) in 2009.Īccording to this policy, your broker needs to transfer unutilized funds to the client’s bank account on a monthly/quarterly basis. Read this article to know all you want about the Monthly/Quarterly Payout Report. Received your Monthly/Quarterly Payout Report? Want to understand what this report is all about? We’re here to help you.