Short not covered/squared off

#1
I couldn't cover my position of 100-200 shares in NSE and also my broker couldn't get it in the post trade session. My RM tells me that in these cases they will buy after three days and use the highest closing price

I would like to verify if this is the case or my RM is taking me for a ride? Also is it highest three days' closing price or highest of three days' price?
 

velmont86

Active Member
#2
I couldn't cover my position of 100-200 shares in NSE and also my broker couldn't get it in the post trade session. My RM tells me that in these cases they will buy after three days and use the highest closing price

I would like to verify if this is the case or my RM is taking me for a ride? Also is it highest three days' closing price or highest of three days' price?


it is called auction.......
 

Similar threads