I am holding SGB MAR25 since April 2017. Now it has started trading in open market. Can I sell full or some part of it at current price in open market at current trading price. Will my order be executed, if yes what will happen after that.
You can but there is patch liquidity, Make sure you use LIMIT orders. Never use a market order.
Thanks Rahul. I tried to sell small quantity with limit order it got executed. I can see there is difference of 15 to 20 rs in bid and ask.
Which platform did you use?
One can sell on kite or any brokers trading platform.
I used Kite platform.
I was under the impression that SGBs were not traded by most platforms (including Zerodha) due to limitations on interoperability between depositories. Has this been resolved now?
Not yet resolved, always one can sell but can’t buy.