settled in same trading day, not t+1

M

market_looser

Member
#1
#1
Hi experts,

If I have a debit obligation on day (t), the payment will have to be made on day (t) itself. Whereas If I have a credit obligation, amount would be credited to my account on t+1 day.

so if i make loss my broker started taking the loss in the same day, if profit he gives me only next day......

is this correct ....... is this happening to all you guy ?????????

Thanks
Market_looser
 
N

NOMINDTR

Well-Known Member
#2
#2
market_looser said:
Hi experts,

If I have a debit obligation on day (t), the payment will have to be made on day (t) itself. Whereas If I have a credit obligation, amount would be credited to my account on t+1 day.

so if i make loss my broker started taking the loss in the same day, if profit he gives me only next day......

is this correct ....... is this happening to all you guy ?????????

Thanks
Market_looser
Click to expand...
You will always wait to get your profit and you may make your broker anxious when you make loss. This is what I read.

Actually you must pay on T+1 and you must receive on T+1 as far as the regulations concern. But it is the responsibility of your broker to pay on your behalf.
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
V How are Index Options like Nifty settled in India from sellers perspective? General Trading & Investing Chat 1
A Unsettled derivative at year end. Taxation Matters 1
kingsmasher1 How does delivery trade get settled off after T+2 days? Beginners Guide 3
A Should I make stop loss orders on unsettled purchases? General Trading & Investing Chat 0
megapixel List of Cash Settled commodities Commodities 0

Similar threads