Dated: 3rd July
2008
Re: Trading
in scrips where Market Lot is over One in FasTrade
(BSE-CSE
Arrangement)
Trading
Members of the Exchange are hereby informed that the Exchange has received
requests to enable trading in scrips whose Market Lot is over One Share in
FasTrade under BSE-CSE arrangement.
Although, this facility was available earlier, due to operational
problems in receiving and delivering physical scrips from/to Mumbai, the
facility had since been withdrawn.
Now to
enable Trading Members to sell securities in Demat form whose Market Lot is
over one share, the Exchange is enabling only “selling mode” in all securities
whose Market Lot is over 1 (one).
Trading
members are requested to exercise extreme caution while selling securities
whose market lot is over 1 as they can only
sell such securities which are in demat only. The Exchange shall not take any responsibility for receiving
physical securities (Securities which are not dematerialized) from Trading
Members and delivering the same to BSE Clearing House. Such sales if any executed by Trading
Members shall be closed-out as per the Rules and Regulations of BSE.
D.G.M (S & BDP)