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

iTrade commented on 12 Dec 2015, 11:18 AM

Hello Nithin,
1) Regarding Trade settlement, either T+2 or Auction in worst scenario are 100% assured and trade will get settled any-how on Max T+3 ? The reason I am asking as I read comments of some Zerodha members above who have complained that even after T+3 their demat account is NOT showing their delivered equities?

2) as you have explained, even with BTST there is chance of defaulting short in worst case scenario of Auction, Can we sell the Equity on T+2 day morning as safest option ? (unless some thing happens as I mentioned in Question 1 from Broker/ Zerodha)

If possible, what option do we choose for this T+2 selling equity (with still waiting for trade settlement on same day or next day as result of Auction)


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