Sorry. Me noob, dunno what is Buy-In. Care to explain?

for some counter is but not all , some have over sold but some have not much buying power .

it is not even 4pm..but oredi 1b shares...

Buy in will impose on client, if they previous T-2 they have sold the stock, but can't deliver the share (no share in their CDS), so they have to buy in at 10 tick above the closing price which called buy in, share will be transferred immediately as compared T+2 as current system applied.

more than tml?

I see...... thx for the explanation. I thought there is a fail-safe system when you can't sell more that the shares you have......

I mean, everytime I want to sell my shares, it will say that I have xxx amount of shares left, or zero amount left.....

Can this happen to anybody?

Singapore deeper in recession : http://www.cnbc.com/id/30198852

When is the next Malaysia's GDP? Have to cabut the stock market before then!

This post has been edited by kmarc: Apr 14 2009, 03:48 PM

happens to direct shareholder of stockbroking firm. doesn't happen to most nominee account holder.

When you sell your share, they won't check your account or CDS whether you have the share or not.
It is cleint's responsible not to oversold

Nominee account, may be they can do it, but for ordinary account definitely no.

Btw, buy in is norm and everyday also got, especially for those high volume counters previously.

This post has been edited by cherroy: Apr 14 2009, 03:49 PM

Hang Seng is +600
Europe is green too..

This post has been edited by Ranny: Apr 14 2009, 03:49 PM

copper is down from 4720 to 4645!!!

wow, very volatile today la..

friday and monday limit up.. today copper limit down!!

I see..... mine is nominee account so I guess that's ok....

yeah, been monitoring HSI...from +3xx to +4xx before the morning session ends.

seoul, taiwan, and shanghai also turned from red to green (grin)

STI and nikkei drop also lesser liao.

dow future also recovered, from -66 to -35 now.

klci ... break da 950 level!!!!

This post has been edited by panasonic88: Apr 14 2009, 03:53 PM

wat happen if the ppl oversold?

sold my WCT @ 1.48 on 10/4, bought @ 1.15 but small amount of units

have 2 buy back lor, but 10 bids higher than last closing price..

Buy in to cover.
As this is 10 tick higher than ordinary market price, surely lot of people want to sell to you, as they can buy back from open market at 10 tick lower.

If really nobody to sell to you and you are struggling to deliver the share, SC can charge you on short-selling.

wat is mean 10 tick?

as long as the ppl not need to go bankrupt is ok.

damn...CPO already 2400!

why CPO 2400 u so happy

tick - single price movement.

For 1.00-3.00, 0.01 is one tick
5-10, 0.05 is one tick.