What is Short Allotment?
The scenario wherein shares are bought but not received by you within the set time limit T+1 working days(trade day + 1 working day) is known as short allotment. However, you would most probably receive the shares in your demat account within T+2 working days(trade day+2 working days).
In case of market shortage, the shares are allotted to the client in T+2 working days. If the purchase from the market is not possible, the client will receive a credit amount in his trading account for that particular share according to exchange rules.
Why is there a mismatch of profit and loss and the quantity of my open positions on InstaTrade and the Neo App/Web?
When I have squared off my positions, why are they still reflecting as an open positions on InstaTrade?
Why was the InstaTrade square-off order rejected?
If I modify or cancel my InstaTrade orders from the Neo App/Web, will it update on InstaTrade as well?