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

Venu Madhav commented on 30 Oct 2015, 11:50 AM

The risk is there with every broker. On T+2, if the Exchange doesn’t deliver 50 shares, then how is the broker going to settle the obligation due the next day? It either goes for auction or the broker settles it from shares if he is holding in his own beneficiary. This is why I said, its best to take delivery of shares and sell them. It may not happen to an A group stock like Kotak,Reliance, but the possibilities are still there.

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