TMI BlogCircular mandates qualified stock brokers to provide facility of trading supported by blocked amount in...Circular mandates qualified stock brokers to provide facility of trading supported by blocked amount in secondary market using UPI block mechanism or 3-in-1 trading account integrating trading, demat and bank accounts. 3-in-1 account blocks funds/securities at order placement, transfers post market hours, client earns interest on available funds. Clients have option to continue existing mode or opt for new facilities. Provisions effective February 1, 2025. Stock exchanges and clearing corporations to amend bye-laws, disseminate circular. Issued under SEBI Act to protect investors, regulate securities market. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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