Comment on Orders - Place, Modify, Cancel & View

Sudip commented on 09 Jan 2017, 11:51 AM

I’ve sold some shares of a single company. As the order was in pending status I’ve cancelled it. So the stock were showing back into my holdings. Later say after 5 mins I’ve sold them again and the position of the order is still open. So my questions are :

1. Do I need to pay brokerage and other charges ( Like demat charge ) for pending and then cancelled order ?

2. As I’ve cancelled pending sell order is there any sort of penalty charge applicable ?

3. For how long a sell order can remain in pending / open status ? If the shares are not sold say after x period of time do I need to pay the charges like brokeeage, taxes, exchange and demat fees ?

Thanks in advance.

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