How many times can one buy and sell within a settlement
cycle?



How many times can one buy and sell within a settlement cycle?..

Answer / sanket zumbre

It’s possible to buy and sell the same stock several times
within a day, unless the stock is in the trade-to-trade
category. Hence, you can settle only your net outstanding
positions at the end of the day. If you buy 500 IBM shares
and sell 250 shares, you will have to pay only for 250
shares at the end of the settlement.

Is This Answer Correct ?    5 Yes 4 No

Post New Answer

More Accounting AllOther Interview Questions

what is meant by inter trading

2 Answers   Karvy,


hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.

0 Answers   State Bank Of India SBI,


Is there any classification of direct and indirect expenses in peach tree? then why?

1 Answers  


What is derivative?

1 Answers  


what is the fullform of ADN?

2 Answers   Genpact,






what are the accounting ratios

0 Answers  


Expand----------CPC

1 Answers  


Why you want to leave your present job while they offer you with good offer?

0 Answers  


As per the accounting what do you mean by Fixed Assets?

1 Answers  


hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com

0 Answers   State Bank Of India SBI,


purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

0 Answers   KMS,


if a company has to pay the salary in the month of april for the months of march,apil,and may to a person who joined in the company on 15march. what are the entries for the transaction ?

3 Answers   Genpact,


Categories