Before it was not mandatory even once a year, accounts which were opened before october, will have the mandatory once a quarter settlement.. The workaround is the running account authorization letter being collected by all brokers, having this letter we can get away by doing it once every year... Cheers...
Thanks for being patient with my queries.
The Authorization letter has only 2 options.... settlement every month, or settlement every quarter. Hence my query. Can you provide a link to any SEBI website where I could see if its once a quarter or it can be done once a year. I tried looking, but could not find it.
Thanks for answering my queries.
I have been a silent spectator of this thread for a long time now, and am happy to see someone who takes the time and effort to answer even small queries, sometimes many times, to different people.
Frankly, though I may not open an account right now, if I ramp up my quantity, your company would be my first choice. Also, one hindering is that NOW does not allow multiple instances running on the same machine, which is imperative for my operations.