How Auction charges Levied to Client's on Securities ?
Please note auction charges as below for your reference.
> In case of Internal Shortage for Seller, 10% Auction charges will be levied on T Day closing rate (Auction Debit).
> In case of Internal Shortage for Buyer, 10% Auction charges on T Day closing rate will be credited to client (Auction Credit).
> Market Shortage in case of Buyer, Buyer will receive Stock or Closeout.
> Market Shortage in case of Seller, Trade Auction charges will be levied @ 1% As per Auction day exchange rate
> In case of Trade for Trade segment, 20% Auction charges will be Levied
Related Articles
How Auction charges Levied to Client's on Securities ?
Please note auction charges as below for your reference. > In case of Internal Shortage for Seller, 10% Auction charges will be levied on T Day closing rate (Auction Debit). > In case of Internal Shortage for Buyer, 10% Auction charges on T Day ...
What are auction Settlement Charges?
>1% Auction settlement charges are levied on auction rate. >In case of Market Auction, Auction rate are provided by Exchange and plus 1% Auction settlement charges is levied on the same. In case of Internal Auction, Auction rate are consider the buy ...
How client can check the charges levied for the square-off order?
Client can just use Ask IIFL chatbot to get the charges against trade in contract note. Please follow the below steps for the same: 1. Login to Mobile App or TT Web 2.Click on Ask IIFL 3. Select My Report. 4. Select Contract Notes. 5. Select segment ...
What are auto square-off charges ?
Square off charges is nothing but intraday charges, same will be levied as per the brokerage plan opted by the client.
Why Document handling charges are getting charged in my client account?
Document handling charges levied on your client account are for generating physical contract notes, client can deactivate the physical contract note mode online. Please inform them to follow these steps: 1. Login to our trading website 2. Click on My ...