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If you have sold the wrong securities or wrong quantity, kindly perform a buy to cover back immediately within the same trading day. If you do not cover back the short position on the same trading day or only realised your mistake on the next market day and do not have any securities for settlement on due date, such oversold position will be constituted as “Short Selling” and subject to buying-in and penalties fees. You will be responsible for any losses incurred.
SGX
You will need to ensure that securities are available for settlement on Trade Date + 2 business day. If securities are not available for settlement, CDP will conduct buying-in and impose charges and penalties. Visit SGX website for more details on buying-in process, the penalty fees and Clearing information.
BURSA
There will be a buy-in by Bursa on T+3 (based on Bursa trading days) at a price that is at least 10 bids above the market price.
US, HKEX, HK-Shanghai/Shenzhen Stock Connect, SET, TSX and LSE
Please contact your Trading Representative for more details.