Trading

Owing to interoperability, will the client be allowed to take further exposure in case there is a continuous consolidated ledger debit balance beyond T+1+4 days?

No, the client will not be allowed to take further exposure in case of continuous ledger debit balance beyond T+1+4 days. The client will need to first clear the debit balance and only then can fresh buying be allowed. Moreover, selling in one Exchange and buying in another Exchange will not be considered for taking further exposure beyond T+1+4 days till the ledger balance is cleared.

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