Inter depository delivery instruction form to be filled by Transferor and Transferee. Inter Depository Transfer instructions for the day are exchanged online between the two depositories
A market trade is one that is settled through the participation of a Clearing Corporation/ Clearing House (CC/CH).
Brokers of stock exchanges that offer settlement through depository are required to open a 'clearing member account'. These accounts are popularly known as 'Broker settlement account' or 'Broker pool account'.
A client who has sold shares will deliver securities into the CM account of the broker through whom securities were sold.
The process of a broker/trading member submitting securities sold by him on behalf of his client,to CC of a stock exchange is called 'pay-in'.
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