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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Capital Alliance has restricted online sell orders of some stocks.

Capital Alliance has restricted online sell orders of some stocks.

Go down  Message [Page 1 of 1]

Sama


Stock Trader
I experienced following restrictions when I tried online trading.

1.Not allowed to place sell orders (It was only 10%- 20% increase of LTP)

2.Not allowed to place buy orders – Having had a margin facility.

3.Not allowed to place buy orders – Having had a sales proceeds in the account but funds are not realized since due date is 3+1.

Any thoughts

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Call the broker and ask him/her to sell after all you are paying nearly 1% broker commission.

Sama


Stock Trader
How come broker impose restriction specially on sell orders,

Isn’t this violation of rules and preventing investors participating in free market activities.

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Sama wrote:How come broker impose restriction specially on sell orders,

Isn’t this violation of rules and preventing investors participating in free market activities.    
Instead of checking on a forum, call and check with the brokers. Forum doesn't know what/how you are placing the sell order.

In cases like this generally you would have made a data entry error or not entered a password when placing the sell order so check with the broker first and then post on the forum.

Sama


Stock Trader
Don’t assume what you don’t know. Facts are real, everything is in order & I have spoken to CEO as well.  I wanted to know the views of the forum members.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
So what is the answer you got from the CEO?

ananda95


Equity Analytic
Equity Analytic
Was expecting to see a list of "some stocks"........... Very Happy 

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Sama wrote:Don’t assume what you don’t know. Facts are real, everything is in order & I have spoken to CEO as well.  I wanted to know the views of the forum members.
Hav u at least tried contacting them and ask what's cooking? If so let us know their answer before anythin..

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@TheProfessional2013 wrote:Yes true
CSF still not reach 15?? Razz 

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ Admin .

Please kindly amend the above comments with names.
We have no right to blame or insult people using unknown user ID s.

And if want Admin panel can call the CAL or what ever the party and ask about the reality of these statements made by the people as a new development to the forum. So you can clear these burning issues of investors................

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Arena,

Some ppl call themselves professional and failed to even abide to the word.

We're watching and the members who wont go by the forum rules will be expelled.

raezor


Equity Analytic
Equity Analytic
I had the same experience, following is the error I got

""Order Qty is Greater than Max Buy Order Qty"

I contacted the online support and below is the response I got.

"Some stock are blocked from the client side (Buy orders) for the safe of client you can put these orders through your investment advisor. For further details contact your investment advisor."

but I did not chase it up.. Wink

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hey Small.......

U ar correct and appreciate. Since we kept that post for couple of hours Even i got a call from CAL Friend and asked about it. best option is, all the comments with names should be evaluated immediatly. I know you all do it for 99% comments made by users.

Thank you

TheProfessional2013

TheProfessional2013
Senior Equity Analytic
Senior Equity Analytic
In General Heeds of Research are fools. who are dead from neck-up.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@TheProfessional2013 wrote:In General Heeds of Research are fools. who are dead from neck-up.
In general terms dont apply in many situations.. If you can proof, I'd beleive..

Just becuz you're angry at something, dont jump the gun and display it... Stick to your name, display professionalism. Seems your comments more suitable for entry level forums.

raezor


Equity Analytic
Equity Analytic
@raezor wrote:I had the same experience, following is the error I got

""Order Qty is Greater than Max Buy Order Qty"

I contacted the online support and below is the response I got.

"Some stock are blocked from the client side (Buy orders) for the safe of client you can put these orders through your investment advisor. For further details contact your investment advisor."

but I did not chase it up.. Wink
found the reason
https://www.calsecurities.com/restricted_stock.html (Thanks Yaka)

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
Announcement says selling not restricted, issue with the buying, isn't it?

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
According to CAL...CSF is a good share Smile trading on good fundamentals.... Smile
There is no restriction to BUY CSF.N on credit know...

All broker huts have their own agendas to make money it seems...
Very Happy 

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