Comment on ZT-Position Conversion

Suriyakumar Jayabal commented on 26 Aug 2014, 05:31 PM

Could you please explain the first part a bit more?

Scenario1: I have shorted 1000 shares of XYZ, today morning and dont have any of XYZ shares in my Demat account. Since the price is not favorable, (risen up) I would like to convert MIS to CNC. Is this possible?

Scenario2:Last month I have purchased 1000 shares of XYZ as CNC and it is there in my Demat account. But today morning I have shorted 1000 shares of XYZ as MIS and would like to convert these to CNC. Please explain what will happen now.

Scenario3: Last month I have purchased 500 shares of XYZ as CNC and it is there in my Demat account. But today morning I have shorted 1000 shares of XYZ as MIS and would like to convert these to CNC. Please explain what will happen now.

View the full comment thread »