Buy in NSE and Sell in BSE vice versa.

I want to know what action will taken in RMS by Broker on following trades.

Scenario 1.
Buy MIS Trade in NSE and sell MIS trade in BSE in same equity

Scenario 2.
Buy DELIVERY Trade in NSE and sell DELIVERY trade in BSE in same equity (Assuming no holding in DP)

As interoperability is not currently active, these trades will be treated separately. It is necessary to close positions in their respective exchanges; otherwise, they will be closed during the square-off process at 3:20 PM.

As interoperability is not yet active, trades will not be considered as netted off. Therefore, selling delivery without having holdings in your account is still not allowed.

3 Likes