trade to trade

i heard akruti city moved to trade to trade . what is trade to trade. senior member please explain.

Thia is a cut paste from NSE

Trade for Trade Segment

Trading in this segment is available only for the securities

Which have not established connectivity with both the depositories as per SEBI directive. The list of these securities is notified by SEBI from time to time.

On account of surveillance action

Procedure for Settlement of Trade-for-trade deals
At the end of the day, NSCCL downloads to Clearing members a report of settlement obligations for Trade-for-trade (TT) deals. Custodian clearing members also receive a report of settlement obligations for TT deals executed on behalf of their clients at the end of the day. The custodians are required to confirm TT Market deals executed on behalf of their clients for settlement purpose within 1 working days from the date of the deal. In case the custodian clearing member does not confirm the deal, the responsibility to settle the deal will shift to the clearing member who executed the deal. Settlement Obligations for TT deals have to be settled within 2 working days from the date of the deal, directly between the buying and selling clearing members.

The exchange of funds and securities (through transfer of securities between accounts through the depository system) take place between the buying and selling clearing members. The selling clearing member is required to render delivery of the securities through depository to the buying clearing member in exchange for funds, which may be paid by means of Cheque/Demand Draft/Pay-order by the buying clearing member. The means of payment must be such as to enable the selling clearing member to realise the funds on the same day as the exchange of securities through transfer of securities between accounts through depository.

Settlement details must be reported by Custodian and TM clearing members to the Clearing Corporation in the formats prescribed as Form No: NSEF 07A1 or 07B1 respectively within 24 hours of the settlement.

The delivery of securities in settlement of TT Market deals can be in the following units:
a) in marketable lot, or
b) the traded quantity.

The choice of deciding on the delivery units will rest with the delivering clearing member.

in simple terms:

1. you can't do intraday trades (buy and sell on the same day) but can sell only after delivery of shares on T+2 day (on 3rd day)
2. you can't sell in ATST/BTST/obligation.

From where we can get uptodate list of trade to trade shares.