Carry forward under rolling settlement permits investors to extend positions with separate tenure screens and defined squaring-off procedures. Carry forward, automated lending and borrowing, and continuous net settlement in rolling settlement create mechanisms to extend trade obligations, enable temporary transfer of securities through lending/borrowing sessions with staggered settlement legs, and provide post-settlement, delivery-initiated netting where short deliveries are marked to closing price and postponed to subsequent settlements; exchanges must demonstrate adequate software, governance, margining and surveillance to obtain approval and scrip and risk criteria will be issued separately.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Carry forward under rolling settlement permits investors to extend positions with separate tenure screens and defined squaring-off procedures.
Carry forward, automated lending and borrowing, and continuous net settlement in rolling settlement create mechanisms to extend trade obligations, enable temporary transfer of securities through lending/borrowing sessions with staggered settlement legs, and provide post-settlement, delivery-initiated netting where short deliveries are marked to closing price and postponed to subsequent settlements; exchanges must demonstrate adequate software, governance, margining and surveillance to obtain approval and scrip and risk criteria will be issued separately.
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