In a Buy Today Sell Tomorrow (BTST) transaction with Tradejini, you can sell shares before they are delivered to your demat account.

These transactions follow a settlement process where shares are credited to your account on the day they are received from the Clearing Corporation (CC). Simultaneously, they are earmarked for delivery against the sale conducted on the same day.

What is BTST and how does it work?

Example Scenario:

Let's say you bought 100 shares of ACC on Monday and sold them on Tuesday. Following the T+1 settlement cycle, the shares are transferred to your demat account on Tuesday. On the same day, Tradejini will earmark these 100 ACC shares against the sale made on Tuesday. The actual debiting of these shares from your account occurs on Wednesday (T+1 from the sale on Tuesday).

Since the shares are credited to your demat account and then debited for BTST transactions, DP charges will apply, similar to normal delivery transactions.