What is Second Leg Of Trades in Cash Segment

#1
Somebody please explain me that what is 'Second leg of trades in cash segment'.
ICICIdirect site says that... "Second leg of intra day square off transaction in cash will not be charged any brokerage"...
What is the meaning of this and how to get benefit out of this.
If I have purchased/sold some shares on a day the same should be Sold/purchased again on the same day ?
If it is right then where to get the link on the site to Sell/Purchase shares traded on the same day.
Pl help
 

rajeabc

Well-Known Member
#2
Somebody please explain me that what is 'Second leg of trades in cash segment'.
ICICIdirect site says that... "Second leg of intra day square off transaction in cash will not be charged any brokerage"...
What is the meaning of this and how to get benefit out of this.
If I have purchased/sold some shares on a day the same should be Sold/purchased again on the same day ?
If it is right then where to get the link on the site to Sell/Purchase shares traded on the same day.
Pl help

First Leg Second leg
Buy Sell
SELl BUy