Forum Archive Index - April 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Advice on credit+3T-days required

From:	Robert Nottage <robnottage@yahoo.com>
Date:	Thu, 27 Apr 2000 02:56:16 -0700 (PDT)

I bought some FRO shares on Wednesday on the usual
credit+3 trading days and had intended to sell within
3 days.
Hypothethically, what would happen if trading on FRO
was suspended for more than 3 trading days (which
would of course prevent me from selling up because
there would be no trading on that stock) and I didn't
have the cash to pay for the shares until I had traded
those shares in. Does the 3T-days still apply when
trading on a stock is stopped by the stock exchange?
Would be interested in the views of readers.

Robert

__________________________________________________
Do You Yahoo!?
Talk to your friends online and get email alerts with Yahoo! Messenger.
http://im.yahoo.com/

----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.

Replies

Re: [sharechat] Advice on credit+3T-days required Mike Nelson

Messages by Date [	Next by Date:	RE: [sharechat] BDO Gordon King
	Previous by Date:	Re: [sharechat] Frontier - latest announcment ril ]
Messages by Thread [	Next by Thread:	Re: [sharechat] Advice on credit+3T-days required Mike Nelson
	Previous by Thread:	[sharechat] EPhone rabb ]
Post to the Forum [	New message	Reply to this message ]