Auction<\/strong><\/h2>\nAny trade involves at least two parties to the transaction, in the trading of financial securities, on one side we have the buyer of the security on the other side we have the seller of the financial security. The auction takes place when the selling party of the transaction or trade fails to deliver within the given time<\/span> period on the agreement of selling the security for the said or agreed upon the monetary value of the security. It\u2019s a kind of penalty for the investor\u2019s carelessness while trading.<\/p>\nIn this case of failure the broker of the selling party will try to purchase the security in a buy-in-auction market, the sum of the auction price along with the penalty and brokerage charges has to be paid by the defaulter (the selling party). The settlement of the action is done on T+3 days given the broker tries and purchases the share in the auction market on T + 2 days.<\/p>\n
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What Are The Types of Trade Settlement in Trade Life Cycle?<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n","yoast_head_json":{"title":"What Are The Types of Trade Settlement in Trade Life Cycle?","description":"The trade settlement period incorporates the whole time taken to complete the trade, starting from execution to settlement of the trade. What are the types of Trade Settlement in the Trade Life Cycle? 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