If the auction fails, then the exchange will close out the transaction by settling the buyer’s obligation in cash. The close-out price paid to the buyer will be the highest price of the stock from the transaction day till the auction day or 20% higher than the official closing price on the auction day, whichever is higher.
Registration Details
- Fyers Securities Pvt Ltd
- NSE Member Code: 90061
- SEBI Registration No: INZ000008524
- MCX Member Code: 56100
- BSE Member Code: 6697
- No. 225, 14th Cross Rd,
- 1st Block, RT Nagar,
- Bangalore, Karnataka – 560032
- Call : 080 – 6625 1111
Kindly make sure you read the account opening documents as prescribed by SEBI. Secure your account from unauthorized transactions by updating your mobile numbers/email IDs. Receive information directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of the investors. In case a client has any query/feedback/clarification/complaint write to management@fyers.in. A client can also opt to write to NSE here or MCX here or BSE here.