Short Selling
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2010
If i book order for short selling , upto what time i need to square up(Purchase) ???
04 December 2010
HI
NORMALLY THEY (BROKERS) GIVE U TIME FOR THE T+1 (NEXT DAY),,,,MOST PROBABLY EARLY HOURS OF TRADING
OR ELSE
ON T+2 THEY THEMSELVES DO THE PURCHASE (REQUIRED ) INSPITE OF LOSS OR GAIN IN UR PORTFOLIO
NORMALLY THEY (BROKERS) GIVE U TIME FOR THE T+1 (NEXT DAY),,,,MOST PROBABLY EARLY HOURS OF TRADING
OR ELSE
ON T+2 THEY THEMSELVES DO THE PURCHASE (REQUIRED ) INSPITE OF LOSS OR GAIN IN UR PORTFOLIO
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 December 2010
what is rule as per SEBI???
19 December 2010
The transaction has to be squarred off on the same day. If the transaction is not sq. off by 3:00, the broker would himself sq it off. If no deal happens in shares, then the buy call has to be auctioned.
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