Auction Process

What is an Auction?
An auction is resorted to when there is a default in delivery by a broker. An auction is the stock exchange’s mechanism through which, in a settlement, a buy...
Tue, 7 Mar, 2017 at 11:29 AM
What is a Close-Out?
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
How to Close Out if the shares are not bought in the auction?
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
How can avoid Auction?
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