Annual Global Statement (AGS)

Mon, 11 May 2026 00:00:00 +0000

Overview

The Annual Global Statement (AGS) is a consolidated account statement that Indian stockbrokers are required to send to every active client at the close of each financial year (31 March). It is mandated by SEBI as part of the broader framework of client reporting obligations and serves as a year-end summary of the client’s relationship with the broker – covering trades, charges, fund movements, and holdings across all segments and exchanges.

Quarterly settlement (running account settlement)

Mon, 11 May 2026 00:00:00 +0000

Overview

Running account settlement (also called quarterly settlement in common usage) is the regulatory framework mandated by SEBI under which stockbrokers are required to periodically transfer the credit balance lying in a client’s trading account back to the client’s registered bank account. The term “running account” refers to the practice of maintaining an ongoing (running) balance in the trading account rather than settling it to zero after each trade, which allows clients to use existing funds for the next trade without having to transfer money repeatedly.

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Annual Global Statement (AGS)

Overview

Quarterly settlement (running account settlement)

Overview