Friday October 31 2014

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General




BSE’s Mutual Funds platform (BSE StAR MF) has introduced the facility of delivering units directly to clients demat account i.e. Direct Payout of units to Clients (DPC). BSE’s Clearing corporation (ICCL) would directly deliver the units to the client’s demat account. Earlier, the pay-out of units were necessarily in member pool account, which in turn delivered to clients demat account.

Click link above for further details.