General Queries

What is settlement cycle in F&O?

The settlement cycle is the time required for your trade to be settled. The settlement cycle for all the F&O trades is T+1 day, with T representing the trading day.

Example: F&O segment

• On Monday (T Day), you initiate a long/short futures or short options position.
• On Tuesday (T+1 day), any credit obligation of funds in the form of Mark to Market (MTM) or premium is settled to your trading account.
• You can withdraw these funds from your trading account by Tuesday.
• Any debit obligation of funds is settled on the same day (T Day) from your trading account.
• If there is a settlement holiday, your payout will be proceed on next trading day and pay-in will be debited on same day.

Note: ICICI Securities reserves the right to collect all the applicable margin requirements, including but not limited to Mark-to- Market margin (MTM) ,delivery margin, special/additional Margin and any other margins as may be prescribed by the relevant Stock Exchanges/Clearing Corporations the from time to time, prior to the deadlines set forth by such Exchanges/Clearing Corporations.