sapumal wrote:Are out investors got mad ?
T+5 is introduced since 2011/1/1
Do we recommend to remove T+5 and go back to original T+3 ????????
My dear friend T+5 or T + 3 is not an issue. That is only 2 days difference. Any how at least within 3 days or 5 days seller will get money. As stock traders we are sellers as well as buyers in any given time. So we as sellers would like to get money as early as possible. Problem here is nonavailability of easy quick credit to allow our finnacial capability to hold some shares which are trading at much lessser price than we paid for. This is a facility we enjoyed for years and all of a sudden stoped by SEC creating problems and increasing frequent selling presure. This selling presure caused for continues ASI dropping. Broker Credit allows someone to hold shares during a short bear. At least he/she could wait till price up to minimise the loss.
We have to understand the difference between broker credit and margin facility given by finnancial institutions.