Settlement System
The Guwahati Stock Exchange is having a T+5 trading system from Tuesday to Monday. The settlement takes place in the immediate next week of the trading cycle. The first step in the settlement process is the distribution of Offer and the Difference Statement. It takes place on Tuesday.
The deliverable members are supposed to submit the shares/D-Mat slip to the clearing house of GSE on the following Thursday. On the same day the Delivery Statement of Shares is distributed among all the receivable members. The PAY-IN day is Friday and the PAY-OUT day is Saturday. The entire process of the settlement is done through the Clearing House of GSE.
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