Placing sell order in both exchanges

#1

HI,
I HAVE 10 SHARES OF A SCRIPT IN MY DP,
CAN I PLACE SELL ORDER OF 5 SHARES IN NSE, AND OTHER 5 IN BSE AT SAME TIME?
IF CAN, WHAT ARE THE EXTRA CHARGES IT WILL ATTRACT?
WILL DP CHARGES BE THE SAME FOR PLACING BOTH SELL ORDER ON NSE AND BSE?
@nithin

#2

if brokerage is per order basis , it will double . dp charges will double . if there is no brokerage but only expenses or brokerage is in % terms it will remain same with bit of difference in expenses levied at bse and nse. dp charges will double .

#3

I HAVE ZERO BROKERAGE. BUT, WHY DP WILL BE DOUBLE?
@sabkaview

#4

dp charges are there when you remove shares from your demat based on per instance basis . since in your case it will be 2 instances the charges will be twice @nithin @siva , can guide exact status NOW with interoperability among clearing corporations (CCPs) .

#5

Yes, with interoperability it will change and only one DP charges.

1 Like
#6

@siva THEN IT WILL BE ONLY ONE DP CHARGES EVEN IF I PLACE TWO SEPERATE SELLING ORDER ON BOTH EXCHANGES?

#7

Yes, after interoperability goes live.