NSE shifts 3 stocks to trade-to-trade segment from February 11, 2021
As per the circular dated February 8, 2021 & circular ref no. 98/2021 by National Stock Exchange of India (NSE) in the continuance of surveillance review and with a view to ensuring market safety & safeguard the interest of investors, the Exchange in pursuance of Capital Market Segment Trading Regulations Part- A, 2.6 trading in the below-mentioned securities shall be available in the trade-to-trade (T2T) segment (series: BE) at a price band of 5 per cent or lower with effect from February 11, 2021.
For investors and traders who are not aware of what is trade-to-trade (T2T), in simple terms, these stocks are not allowed to be traded intraday. Suppose if a T2T stock is purchased, it can only be sold after the T+2 settlements take place.
The market participants are requested to take adequate precautions while trading in the above securities.