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Short by Accident
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iPunter
Supreme |
11-Feb-2010 20:17
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It's not acceptable in this day and age for software to lack this simple error-trapping feature. |
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yummygd
Supreme |
11-Feb-2010 20:02
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wah piang you darn heng lei..this one god give you one.
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OneSharer
Veteran |
11-Feb-2010 19:54
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I tried q & b @ low price but accidently executed s @ low price -- order was filled w/in sec. Face also changed color. Gratefully, p dropped and made kopi$. I feel brokerage could help by prompting user re illogical orders -- but accident/not, they still earn. Perhaps, should also penalise brokerage for not having such prompts in system? |
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street81
Senior |
11-Feb-2010 17:18
Yells: "Learning to love the streets" |
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that's why must check, double check, triple check and cannot kan cheong
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yummygd
Supreme |
11-Feb-2010 17:07
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wow so alot of people kena accident short before huh i thought i was the only sway one. |
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purelotus
Senior |
11-Feb-2010 16:19
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I accidently short Ying Li few months back. I call my remisier. He told me this is serious offence if I don buy back the stock on the same day. Fine $1000 if not buy back on same day. Contra can 3 days, short must be same day buy back. |
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shentao
Member |
11-Feb-2010 16:08
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Is it still same day cover back or 3 days later?? is the below still accurate?? from SGX FAQ section -
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yummygd
Supreme |
11-Feb-2010 14:19
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1 k .i accidentally shorted a 0.005 stock..sigh made a loss of 300 just like that. den called my remiser and he said if dun buy back will have to pay 1k . | ||||
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Joe2020
Veteran |
11-Feb-2010 14:13
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
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Aiya, this club is accident club huh? Everyone here is senior citizen meh until click buy also mistake.... dont make me feel this is an old folks home leh | ||||
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nickyng
Supreme |
11-Feb-2010 14:08
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welcome to the Club! hey! but to join the Club u hv hv to "Accidentall" SHORT any stocks wan u know? :P
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poboxfor
Member |
11-Feb-2010 13:58
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If I recall correctly, there'll be penalty (but don't know by SGX or the vendor) and the 'buy' will be automatically triggered with whatever the closing price is. Happen to me before when I accidentally sold CPF shares but selected Cash :( |
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Joe2020
Veteran |
11-Feb-2010 13:54
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
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Hi , Need clarification on naked short. In STI what happen if you accidently sold the shares instead of buying and only realize after the market closed. Will there be penalty by SGX? if not what are the grace period. Is it T+3 also? or need to buy on the same day? Urgently need enlightment. |
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