thats completely advantageous… as if statutory warning has inspired somebody to give up smoking…
so will intraday buying and selling be stopped ?
sk2536:
so will intraday buying and selling be stopped ?
This appears to be linked with ASBA mechanism and doubtless its optionally available. Since each purchase and promote facet must be a part of this i suppose markets will get fragmented. I’m guessing that many of the liquidity will stay in T+1 and those that need prompt stuff might want to pay for it via increased slippages.Atleast i hope that, in any other case no thought how intraday stuff will work – leverage/shorting in shares money esp.
The Hindu – 6 Sep 23
SEBI to have 1-hour commerce settlements by finish of this fiscal earlier than making it…
SEBI to introduce one-hour commerce settlements by finish of FY. Optionally available for traders, tech exists for one-hour cycle. ASBA-like facility for secondary markets by Jan. Regulator monitoring actions with assist of state regulation enforcement. Intention to make commerce…
It will not be stopped, however the scenario will not be favorable.
Intraday quick vendor might need to offer supply in a single hour, that itself is a discouragement. What number of intraday merchants truly maintain the qty earlier than quick promoting it?