scorecardresearchSebi mulls ‘fund blocking’ mechanism for the secondary market: Report

Sebi mulls ‘fund blocking’ mechanism for the secondary market: Report

Updated: 08 Aug 2022, 11:03 AM IST
TL;DR.
The markets regulator is discussing with market infrastructure intermediaries the possibility of implementing a system that will result in money effectively leaving an investor’s bank account only after a trade is completed
Once this is implemented, funds from an investor's bank account would not go to the broker but directly flow to settle the trade.

Once this is implemented, funds from an investor's bank account would not go to the broker but directly flow to settle the trade.