Frequently Asked Questions
What is contra?
Can I trade contra with POEMS?
Which markets does POEMS offer contra trading?
Under what circumstances is contra performed?
Will contra be performed if the settlement currency of a SELL contract is different from that of the outstanding BUY contract?
When must I make payment for contra losses?
Can my contra-profits of Stock A be used to net-off losses from Stock B?
If I am settling by GIRO, can I contra?
When will the contra loss/gain be settled under GIRO?
When will the contra loss/gain be settled?
What is the settlement currency of contra gain and loss for contracts opted to settle in traded currency ?