To facilitate trading in smaller quantities in Government securities a separate 'odd lot ' segment is created with a minimum trading lot size of Rs 10,000.
Any risk which has an upside or potentially positive consequences is an opportunity risk. In other words, it signifies whether one is able to use cash in its most economically efficient way.
Trades taking place directly between the counter parties without the supervision of exchange. However the settlement of the trade happens later via the exchanges.