Mutual Funds
What is an Auction?
The Exchange purchases the requisite quantity in the Auction Market and gives them to the buying trading member.The shortages are met through auction process and the difference in price indicated in contract note and price received through auction is paid by member to the Exchange, which is then liable to be recovered from the client.
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More from this specialization
- Where can an investor look out for information on mutual funds?
- If schemes in the same category of different mutual funds are available, should one choose a scheme with lower NAV?
- What is the pay-in day and pay-out day?
- If schemes in the same category of different mutual funds are available, should one choose a scheme with lower NAV?
- What is Margin Trading Facility?
- What is STT?