What is short delivery and what are its consequences?
In the Indian stock market system, shares are delivered to a demat account of the buyer in 1 trading day post transaction date. Brokers also permit the buyers to sell these shares before they have them in their demat account, provided that the exchange will deliver them in a timely fashion.
On the other hand, if the exchange is unable to deliver the shares to the buyer, it implies that the seller in this deal has failed to give the shares to the exchange. Failure to deliver shares is known as short delivery. When such a situation arises, the exchange organizes an auction for the same quantity of shares and delivers it to the respective buyer.
Short delivery can occur in stocks with low liquidity or if a short MIS/CO/BO has not been squared off in some situations.
What is a Buyback/Takeover/Delisting?
My order is getting rejected with the following error – ‘Order price is outside the trade execution range. Try placing the order again
My order is getting rejected with the following error – ‘The order was rejected to avoid self trade. Try placing the order again’.
Why was the stop loss executed even though the price did not breach the trigger?