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WHAT IS ROLLING SETTLEMENT

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Rolling settlement is a system of settlement transaction in a fixed number of days after the date of Trade. Earlier rolling settlement was based on T + 3 and now it is T + 2 settlement system. T stands for trading day. 

Note: For calculating settlement date, all intervening holidays shall be excluded like Sundays, Saturdays and stock exchange holidays. 

Example: If trade of securities happened on Wednesday, then such transaction must be settled by Friday i. e. Wednesday and 2 more working days.

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