Comment on Commonly Used Jargons

Faisal Mohammed commented on 12 Oct 2017, 08:19 PM

1. IPO can be bought using ASBA service provided by your Bank whenever the company is open for issue. If allotted, the shares will reside in your Demat and can be traded in the secondary. This is covered in detail in Chapter 5 of this module
2. Shorting for Equity can only be done on an intraday basis. At Zerodha, the scrip you short will be auto squared-off (Bought) at 3.20 PM.
However, you can take short positions for a longer time-frame in the derivative markets. You can learn about shorting in Futures in Module 4 and short position in Options in Module 5

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