@sujith : I am getting below while trying to sell "JHS-BE" stock on my account. I can see the stock as T1 holding but below error seems to suggest that there is no "JHS-BE" stock in my holding.
rms:rule: check holdings ,no holdings present for entity account-zrXXXX across exchange across segment across product
Hi @naz, BE, BL, BT series are T2T(Trade 2 Trade) segments. One can't do intraday trade or BTST on these scrips. You can place delivery orders. For more information, check out this thread.
Hi @sujith , I understand that intraday trades are not allowed in T2T segments. But with other brokerages, I have done trades where I have purchased shares today and sold tomorrow/day-after. Is it zerodha specific issue - as in, why zerodha's RMS is not allowing such trades. Can you please clarify.
Hi @naz, This is not Zerodha specific. As mentioned in that thread, scrips are moved from EQ to BE/BL series by exchange in order to curb excess speculation. Hence intraday trades and BTST are not allowed on these scrips.
Hi, So when we can sell such stocks which are in T1 Category? For example i have purchased on 22 Dec...what is the latest time period i can exit from such stock?
BE, BL, BT series are T2T(Trade 2 Trade) segments. One can't do intraday trade or BTST on these scrips.
You can place delivery orders. For more information, check out this thread.
I understand that intraday trades are not allowed in T2T segments. But with other brokerages, I have done trades where I have purchased shares today and sold tomorrow/day-after. Is it zerodha specific issue - as in, why zerodha's RMS is not allowing such trades.
Can you please clarify.
This is not Zerodha specific. As mentioned in that thread, scrips are moved from EQ to BE/BL series by exchange in order to curb excess speculation. Hence intraday trades and BTST are not allowed on these scrips.
You can only sell T1 stocks after it is delivered to your account. You should be able to place CNC sell today.
When T1 stock delivered to account