UPI/ASBA for secondary market

All,

Seeking feedback. Has anyone been able to participate in trials of ASBA for secondary markets? If you have been able to participate in the UPI/ASBA for secondary market,

  • Which broker-bank combination? And is there an easy way to participate?
  • How has been your experience?
  • Any limitations that you have encountered?

I am primarily looking to use the facility for equity mean reversion strategies where the funds would typically be blocked unnecessarily since I cannot be sure that trade will execute.

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Sebi Mandates UPI Trading & 3-in-1 Accounts for QSBs: Rediff Moneynews

Is Dhan planning on going 3-in-1 Account or UPI route?

Hey @irrational.mind ,

Dhan is currently not a part of the QSB list so we are not actively planning to use the UPI block mechanism at this point.

Thanks,
Pranita
Product @ Dhan

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Is this mentioned UPI block facility for equity or even for FnO as well? @Pranita

What falls under secondary market?