Bad experience: Selling non-pledged quantities of a security, which also has pledged quantities

[cvs]

@blackswan

the main purpose of which is to park your money and pledge and unpledge it frequently (that’s the point of it being called liquid)

Main purpose? Pledging?

Ummmmm…
isn’t the main purpose to enable buy/sell over extremely short durations (days) without concentrating risk even during such a short period?

@VishalJain

This ETF can be a good choice to park between trades as helps transition between Equity and Cash within the same settlement. It can also be pledged once it is approved by the Clearing Corporation.

@VishalJain Since you also go on to mention pledging in the introductory post,
what are your thoughts on the perceived pain-point with pledging LIQUIDCASE as above?

Pledging a liquid security is an explcit act of sacrificing liquidity to gain margin, no?