Quarterly settlement date

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Important: Update in the Settlement of Running Accounts

If you have been investing or trading for a while, you already know that Stock Brokers like Dhan are required to settle the credit balance in a client’s trading account periodically. As per a recent SEBI circular, the settlement process has changed a bit. This has been done to standardize the settlement cycle across the broking industry. How has the Settlement Process Changed? Not so long ago, the running account settlement process was staggered. Every broker followed a slightly different cycl…