How does Bigul square off positions?
The process of squaring off positions is subject to Bigul’s discretion and may differ from the scenarios mentioned below.
Bigul squares off positions when intraday positions are not squared off by the client, required margins are not maintained, the collateral value from pledged stocks decreases due to increased haircuts, value of the pledged stocks is falling, etc.
General
- What does record date and ex-date mean?
- What are takeovers?
- How does Bigul square off positions?
- Will eligibility for corporate action benefits be affected if stocks are pledged with Bigul?
- What is book closure date?
- Are shareholders eligible for corporate action benefits if the shares are sold on the ex-date/record date?
- What is a fractional share?
- What does delisting mean?
- What should be done if someone missed applying for a delisting?
- What is an FPO (Follow-on public offering)?
- What is the impact of mergers and spin offs on shares?
- Why were the shares not eligible for corporate action benefits even though they were purchased before the ex-date?