Can ETFs be shorted for more than one day in India?

NJ23

Well-Known Member
#1
I was wondering if it's possible for individuals to 'short' an ETF and carry the position for more than one day? Also is it possible to short it intraday?
 

rh6996

Well-Known Member
#2
I was wondering if it's possible for individuals to 'short' an ETF and carry the position for more than one day? Also is it possible to short it intraday?
Welcom to Traderji !

ETF's and for that matter anything that does not have a Futures contract cannot be shorted overnight, not even for a day! You shall have to "cover" the short before the close of the market.

You have asked "In India". Wondering, can it be done elsewhere?
 

NJ23

Well-Known Member
#3
I know they can be shorted intraday in the US but unsure about overnight.
 
#4
Actually there is something known as SLBM, which u can hold overnight short positions in cash markets , however it is available only for stocks which are in the derivatives segment. Ask ur broker about it. Not many brokers offer this service since it is not very popular .:)
 

NJ23

Well-Known Member
#5
I believe you are talking about the inter-settlement borrowing right? Wherein you can short overnight and have to cover before delivery T+2?
 

Similar threads

Broker Special Offers

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?