What is Trade for Trade (T for T) segment?
The T for T segment stands apart from the usual rolling settlement. Here's what sets it apart:
Trade-to-Trade Basics: In the T for T segment, securities undergo a unique kind of settlement. Unlike the typical netting off seen in rolling settlements, T for T insists on settling every single trade individually.
Implications for Traders: Securities that fall under the T for T segment have a specific restriction. Once bought, they can't be resold immediately on the subsequent day. They need to be settled first, which happens on T+1.
What does T+2 settlement mean?
The 'T+2' settlement represents the timeline for completing a security transaction. Here’s a breakdown: T (Transaction Day): The day the trade takes place. T+2: Refers to the fact that the finalisation of the transaction – both payment and receipt of ...
Can I trade currency derivatives in BSE at FYERS?
Currently, we’ve not enabled the currency segment in BSE. However, clients can trade in the currency derivatives and cross-currency segments of NSE. We also provide a pre-defined watchlist for Currency Near Futures as displayed below: All you are ...
Which scrips can I trade or invest in Fyers platforms?
At FYERS, you have the flexibility to trade or invest in various scrips across NSE and BSE. While scrips are categorized under different 'Series', it's essential to note that not all series are available for trading. For a comprehensive list of ...
Why am I encountering the 'NOT allowed to trade in BSE MF' error on FYERS?
If you're attempting to place a Mutual Funds order in Fyers Direct and face this error, it typically stems from: UCC Mapping Delays: Sometimes, there's a lag in UCC mapping from the exchange side which can temporarily hinder your trading. BSE MF ...
Why is my order rejected with the message 'Client not allowed to trade in NSE Equity' and how can I resolve it?
If you receive a rejection message stating, 'Client not allowed to trade in NSE Equity', it typically indicates that your NSE Equity segment is inactive. Most commonly, this arises because you haven't opened a Demat account with FYERS. We suggest you ...