Auction Process
The Settlement for Equity Delivery (Payin of shares to the exchange) takes place on T+2 basis. It means the shares bought on “T” or Trading day (e.g. Monday...
Mon, 12 Oct, 2020 at 5:12 PM
Scenario 1: Stock hits an upper circuit - You have short sold 100 shares of Reliance in intraday (Product code MIS) expecting the price of Reliance to ...
Tue, 7 Mar, 2017 at 11:22 AM
Whenever there is short delivery of securities, Clearing Corporation/ Clearing House will conduct auction to buy the shares from the market participants. If...
Tue, 7 Mar, 2017 at 11:30 AM
In this process, the buyer is compensated by paying the value of the short delivered security at the highest price prevailing in the stock exchange from the...
Tue, 7 Mar, 2017 at 11:31 AM
As per the exchange rules, the auction amount are always debited to the seller, as the seller is liable for fulfilling the shares obligation. For avoidi...
Tue, 7 Mar, 2017 at 11:32 AM
Scenario – 1 – Internal Process as per T+2 basis: Internal Short Settlement is a special case when both the buyer and the seller belong to the same brok...
Tue, 7 Mar, 2017 at 11:33 AM