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 current rates of tds ? how many form are used to deposit tds?

3 Answers  


I AM WORKING IN THE CORPORATE (HEAD OFFICE)OF A FINANCE COMPANY. I CO-ORDINATE FOURTEEN BRANCHES IN DELHI. AND MY JOB PROFILES ARE BANK RECONCILIATION,CASH RECONCILIATION, MIS,TRAINING TO THE JR.EXECUTIVES,BRANCH VISIT,SUPPORTING TO BRANCH,ETC. THE QUESTION WAS WHAT U DO FOR UR BRANCH? I TOLD MY ALL JOB PROFILE BUT IT WAS NOT A GOOD ANSWER. WHAT TO SAY FOR THE NEXT TIME?

5 Answers   Genpact, HCL,


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

0 Answers  


Expand A O

3 Answers  


where do expenses increases?dr or cr

2 Answers   Amtek,






where do you enter a closing stock

11 Answers  


Could anyone please please tell me where Styanarayana is teaching SAP FICO in ameerpet? also do we have good openings for SAP freshers .. and how is Reliance global services, please please please advice.

2 Answers  


• What is LIFO & FIFO?

3 Answers   Mellon,


I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks

0 Answers  


What is cash clearing account

0 Answers   Kantar,


How to Close housing loan account while preparing profit and loss account

1 Answers   Muthoot Group,


EXPAND___________JPEG

2 Answers  


Categories