What is the online DIS marker I see in the trade book on Console?
A sell trade is settled by debiting the securities in your demat account which have been sold. The debit is effected on the basis of a delivery instruction. This delivery instruction can be provided by using a physical Delivery Instruction Slip (DIS) or it can be provided online. Since all our processes are online, regular trades cannot be settled using the physical DIS. One can either provide a POA to allow debits or provide debit instruction online.
A delivery instruction provided using the online DIS consent is tagged in our system for your information. All trades settled using the consent are marked with the online DIS tag in your trade book on Console.
A delivery instruction provided using the online DIS consent is tagged in our system for your information. All trades settled using the consent are marked with the online DIS tag in your trade book on Console.
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