TaxTMI 
TaxTMI 
Carry Forward, Automated Lending & Borrowing and Continuous Net Settlement in the Rolling Settlement
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....o: The President/Executive Director/ Managing Director Of all the Stock Exchanges Sir/Madam, Carry Forward, Automated Lending & Borrowing and Continuous Net Settlement in the Rolling Settlement. A meeting of the Stock Exchanges which have the facilities of carry forward and automated lending and borrowing was held on August 23, 2000 at SEBI to discuss the preparedness of the stoc....
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.... screens where bids and offers could be posted for each of these five variants. During the term of a carry forward for greater than 1 day the investor may square off the carry forward position. In such a case, the investor would first have to square off the position in the market by carrying out appropriate buy/sell transaction and then do a contra carry forward for the remaining period of the car....
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....tled on T+7 day and so on. (c) Continuous Net Settlement (CNS) Internationally, the CNS has been effectively employed by the clearing corporations for the settlement of transactions and for maintaining an orderly flow of money and securities. The CNS is carried out by the Clearing Corporation/Clearing House as a post settlement processing whereby, the seller who has failed to deliver securit....
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....he receiving member however would be subsequently credited for the value of the deliveries to the extent that he has received short. • The receiving member has the option of insisting on delivery. The members can indicate the preference for compulsory receipt of delivery in which case it will be allocated higher priority for delivery receipt. In the event of failure to deliver shares ....