Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
Offsetting a client’s buys and sells in the same security on the same day, so that only the net position goes to settlement.
Why most of a busy day’s turnover leaves no trace anywhere. Buy and sell the same shares before the close and nothing is delivered.
The number of shares that actually move between demat accounts at settlement, after same-day client-level netting.
The absolute figure behind delivery percentage. Read it against its own recent average, because the percentage moves whenever turnover moves.
A settlement mode in which every trade must be settled by delivery, with no intraday netting of buys against sells.
A mistaken buy has to be paid for in full and sold the next day. Marked as the BE series on the NSE and the T group on the BSE, and it usually arrives with a narrowed price band attached.