Frequently Asked Questions
How should I indicate my sell orders?
If you intend to sell more shares than the quantity you own, you should submit separate sell orders. You should place a normal sell order for the shares which you own and a short sell order for the quantity that you do not own. Scenario:
- You do not own any share of Stock A and you intend to short sell 1,000 shares of Stock A. You have to submit a sell order of 1,000 shares by marking the “Short Sell” checkbox or click on the “Short Sell” button.
- You owned 2,000 shares of Stock A and you intend to short sell another 1,000 shares of Stock A. You have to submit a normal sell order of 2,000 shares, and separately submit another sell order of 1,000 shares by marking the “Short Sell” checkbox or click on the “Short Sell” button.
Other faq that might help you
- How do I determine if my order is a normal sell or short sell?
- How should I indicate my sell orders?
- How can I indicate a “short sell” order in POEMS platforms?
- Is it limited to SG market only?
- While I already own the shares, what if I marked the “Short Sell” checkbox wrongly and the order has been executed?
- What if I short sell a counter and did not cover my position on the day itself?
- Are there any penalties on short-selling?
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