Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Ms Neha commented on 23 Feb 2015, 07:52 PM

Hi Nithin,

Recently, i had a similar incident of short on BTST,
1. On 19-Feb, i bought 500 shares @ 442.36 of jetairways for intraday trading but unfortunately the mkt was down so advisor advised to sell next day.

2. On 20-Feb, i sold the same of jetairways of 500 shares @ 450

3. On 23-Feb, i got to know that there’s a delivery short of 157 shares.

I would like to know what are the possible help i can expect from a broker, as in my case i didnt got any support/help from my broker except for the return that i have to be ready for penalty.

Arent he supposed to have got the short in my account adjusted from his other client holdings ? or he should just sit quiet and enjoy brokerage ?

Please advise.


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