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Cusa

Last Update 2 tahun yang lalu

What is the meaning of Cusa? When does client stock go to the CUSA account? If the client did not clear the ledger balance and the POA is no so how does the corporate action settle? When is client stock released from the CUSA account?

What is the meaning of Cusa?

Jainam Broking Limited

Last Update 2 tahun yang lalu

CUSA stands for Client Unpaid Securities Account.

The Securities and Exchange Board of India (SEBI) has published new guidelines for brokers on the payout of such assets in an effort to prevent the exploitation of unpaid client securities. The market regulator has mandated that all securities received in payout be transferred from the pool accounts of trading or clearing members to the client's Demat account within one working day.

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