Clearing and Settlement holidays for the Calendar year 2024

Clearing and Settlement holidays for the Calendar year 2024

Dear Members,
In pursuance of Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are notified that the Clearing and Settlement holidays (bank holidays) on which the funds pay in & payout will not be run for the calendar year 2024 are as under:
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note

Note

Members/Clients are required to keep sufficient funds in their settlement account to enable them uninterrupted trading during bank holidays including 2nd and 4th Saturdays. Funds pay in obligation and additional margins (if any) arising on the above-mentioned days shall be settled on next bank working day.

Please note that trading on the Exchange platform will be open on all days of the year.

For and on behalf of Indian Energy Exchange Limited

Amit Kumar

Executive Director

Market Operations, New Product Initiatives and Exchange Technology

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