Sunday, February 1, 2009

What should I do if I receive a bad delivery?

All bad deliveries will have to be reported to the clearing house by the buying broker

When can I expect to receive funds/securities from the broker?

The securities and the funds are paid out to the broker on the pay-out day

Wednesday, January 28, 2009

If I have bought shares when do I pay money to the broker?

If you have bought shares, you have to pay-in-funds to the broker in such a manner that the amount paid is realized before the funds pay-in-day.

If I have bought shares when do I pay money to the broker?

If you have bought shares, you have to pay-in-funds to the broker in such a manner that the amount paid is realized before the funds pay-in-day.

If I have sold shares when do I deliver them to the broker?

You have to deliver the securities to the broker immediately upon your getting the contract note for sale but in any case before the shares pay-in-day.

What is settlement cycle?

Settlement cycle on the DSE/CSE is an account period for the securities traded on the exchanges.
CLEARING AND SETTLEMENT PROCEDURE
Trading Procedure and Settlement:
Accounting Period Settlement Day
Saturday to Monday Next Wednesday
Tuesday to Thursday Next Monday

To what extent price of a share can increase or decrease in a day and during a settlement?

Standard upward and downward price limits over the previous days market price applicable for each market day:
Previous days per share market price Limits
Upto Tk. 200 20% but not exceeding Tk. 35
Tk. 200 to Tk. 500 17.5% but not exceeding Tk. 75
Tk. 501 to Tk. 1000 15% but not exceeding Tk. 125
Tk. 1001 to Tk. 2000 12.5% but not exceeding Tk. 200
Tk. 2001 to Tk. 5000 10% but not exceeding Tk. 375
Tk. 5001 and above 7.5% but not exceeding Tk. 600