Institutional Sales Trader

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Institutional Sales Trader Interview Questions and Answers

Updated 27 May 2024

Q1. What is current settlement cycle, how mutual funds, PMS, institutional clients etc deals

Ans.

The current settlement cycle for trades in India is T+2, meaning transactions are settled two business days after the trade date.

  • The settlement cycle in India is T+2, which means trades are settled two business days after the trade date.

  • Mutual funds, PMS (Portfolio Management Services), and institutional clients typically follow the same settlement cycle of T+2.

  • For example, if a trade is executed on Monday, the settlement will occur on Wednesday for all these entities.

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