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What is the new MTF regulation? Will I still need to authorise my MTF trades?
- Before November 7, 2024: You had to manually authorise every MTF trade at the end of each trading day. If you missed this step, it could create complications with your positions.
- After November 7, 2024: MTF stocks are automatically pledged with Central Depository Services Limited (CDSL), without any action required from you. This means that once you buy stocks using MTF, the pledge process happens automatically in the background.
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