Why am I getting an error stating 'This scrip is in T2T segment and cannot be squared-off until settlement'?
If you encounter the message 'This scrip is in T2T segment and cannot be squared-off until settlement', it's because you're attempting to trade stocks categorised under the Trade to Trade (T2T) settlement series.
What is T2T Segment?
The T2T segment involves stocks that must be traded on a delivery basis. This means that they're settled on T+1 Day. Essentially, you can't indulge in Intraday trading or Buy Today Sell Tomorrow (BTST) for these stocks.
Suppose you buy a stock from the T2T segment on Monday, like Cybermedia (labelled as BE stock). In this case, you can only sell this stock after it's settled, which is after T+1 Day i.e., on Wednesday.
Various stock series fall under the T2T category in FYERS. They include:
BSE
| NSE |
TS | BE |
ZP | BZ |
MT | ST |
Z | SZ |
ST | - |
T | - |
R | - |
XT | - |
For a deeper dive into the different stock series available for trading on FYERS platforms, refer to this article.
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