Random orders getting placed in finvasia shoonya

Earlier it was ghost trades in Finvasia, today they automatically unpledged my one of the holdings (latest series of SGB which I pledged yesterday) without my authorisation. Tomorrow I’ll raise the matter with them.

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They are saying broker limit reached in that security, so automatically unpledged the holding.

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its quite strange, when the broker hits limit the new pledging should be restricted.

Why would older customer’s pledge get revoked?

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Yes I said the same thing but the staff on the other side had no answer. Looks like all brokers are crap. Not a single reliable broker.