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What is trade for trade (T for T) segment?

Trading in this segment is available only for the Cash Market Delivery segment.

Unlike in rolling settlement, scripts listed in Trade for Trade segment are settled on a trade for trade basis and no netting off of obligations is allowed. This means that scripts listed under this segment cannot be sold before they have been settled, which is on T+2.

Stock under this segment is compulsorily settled by delivery.  Netting off is not allowed for any intraday trades.