Clearing & settelment

Clearing & settelment

(11) What is an auction?
An auction is a mechanism utilized by the exchange to fulfill its obligation towards the buying trading members. Thus, in case for a settlement, the selling...
Wed, 25 Apr, 2018 at 4:25 PM
(12) What happens if the shares are not bought in the auction?
If the shares could not be bought in the auction i.e. if the shares were not offered for sale in the auction, the Exchange squares up the transaction as per...
Wed, 25 Apr, 2018 at 3:44 PM