About CSE  >> Trading and Settlement

Terminology (Break-up Query)

Member Declares Intention In

PC – Purchase Carry Forward
PD – Purchase Delivery
SC – Sell Carry Forward
SD – Sell Delivery

From Previous Badla (Financing)

SB – Share Badla
VB – Vyaj Badla

Default Marking
What Is Daily "Break-Up" ?

- Intention of delivery
- Intention of carry forward

Members need to declare their intentions on daily basis

- PC, SC, PD, SD

Members distribute their position of (upto) today in

Why Default Marking :

Starting point for all Members
Most acceptable intentions as Default

Assumptions

- in PC-SELF
- will be seen added to the Cumulative PC till yesterday

- in SC-SELF
- will be seen added to the Cumulative SC till yesterday

Most of trades are done with the intention to Carry Forward
Most of trades are done is ‘SELF’ Category
Today’s Gross Buy Default Marked
Today’s Gross Sell Default Marked

Default Marking (Illustration)
During Normal Continuous Session Member Buys 5000 Member Sells 2000 in the same scrip ..

Default Marking
PC = 5000 under SELF Category
SC = 2000 under SELF Category

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