Reliance money -delivery showing as ATST - please clarify

[ranj_2k]

Re: reliance money -delivery showing as ATST - please carify

I am using Reliance Money since launch and found no problem. What problem you are facing.

 

[JigneshS]

Re: reliance money -delivery showing as ATST - please carify

Different DPs have this facility using different names,
BTST is also the same i think, Buy today Sell tomorrow.
I have an online account with Kotak Securities, In that i can sell only 75% of shares tomorrow which are bought today, that too only if the company is in BNSTG (Buy Now And Sell Tomorrow With A Guarantee) list.

Always beware of auction and make sure that u can use ATST or BTST whatever it may be for that scrip.

 

[chinababu.kona]

Hi all,

Thanks for the previous post I got solution for ATST.

 

[chikky]

In my understanding, if we sell through ATST, we can save the DP charges of Rs. 12, which is charged on each sell transaction from demat. Am I correct?

 

[vasa1]

In my understanding, if we sell through ATST, we can save the DP charges of Rs. 12, which is charged on each sell transaction from demat. Am I correct?

Good question!

There are 2 possibilities I see.

You buy a share you don't already have in your demat account or which is likely to be transferred to your demat acount.
The next day, you sell the share. If your broker is offering BTST / ATST for this share, then he will supply the share from his pool account to meet the settlement requirement. You feel there shouldn't be a selling charge since there is no transaction from your demat a/c.

The second possibility is that you already have some shares of a given stock with you in your demat a/c. You buy some more but next day the price shoots up and you sell what you think you bought yesterday. In this case, I feel the broker will make delivery not from his pool but from your demat a/c and you will be charged the depository charge!

Interesting topic! I wish others share their experience.

 

[learningtotrade]

Re: reliance money -delivery showing as ATST - please carify

Is auction of shares from ATST or BTST a very common phenomenon. What penality is imposed and who imposes the penalty? What is Buyer's shortage and how it occurs?

Kindly explain

 

[pawan_gupta774]

I think that this is a very good question so plz anyone who knows about this help us

 

[rajafcp]

Good question!

There are 2 possibilities I see.

You buy a share you don't already have in your demat account or which is likely to be transferred to your demat acount.
The next day, you sell the share. If your broker is offering BTST / ATST for this share, then he will supply the share from his pool account to meet the settlement requirement. You feel there shouldn't be a selling charge since there is no transaction from your demat a/c.

The second possibility is that you already have some shares of a given stock with you in your demat a/c. You buy some more but next day the price shoots up and you sell what you think you bought yesterday. In this case, I feel the broker will make delivery not from his pool but from your demat a/c and you will be charged the depository charge!

Interesting topic! I wish others share their experience.

in ths regards i have a slitely different qstn.... what will happen if we dont transfr our holdings to dp acc but leave it on the pool??

 

[nitin tomar]

hello,
i bought rnrl share on friday delivery in rmoney,can i sell monday or tuesday ? brokerage are different delivery and day trading , i bought 100 share only,