Regaring Short Selling

#1
Hi All,

As per my knowledge, the stocks shorted should be covered on same day. However, I am hearing about STBT which according to me is sell today and buy tomorrow. Both are contradacting statements and I quite confused about this. Please tell me whether can I short sell and cover it next day. If not possible, then what is STBT.

Thanks in advance

Satish
 

bandlab2

Well-Known Member
#2
STBT is available for only few stocks and while placing orders, you need to pick from STBT. Also some brokers may not have any STBT
 

bunny

Well-Known Member
#3
In the cash segment(shares), if you do not have delivery of stocks, but still you sell(short sell), then you must cover it on the same day.

Sell Today Buy Tomorrow - STBT means selling of those shares which have been already delivered. STBT is not short selling buy selling the shares at higher price because you can buy back at lower price.
 
#5
In the cash segment(shares), if you do not have delivery of stocks, but still you sell(short sell), then you must cover it on the same day.

Sell Today Buy Tomorrow - STBT means selling of those shares which have been already delivered. STBT is not short selling buy selling the shares at higher price because you can buy back at lower price.
Thank u for the information bunny, even i was confused on it..now its clear
 

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