Dear Fellow traders,
I had bought a few stocks in January this year. Recently when I received my DP statement, I was shocked to see none of my stock holdings reflected in my DP account. At the same time, the stocks were accurately reflected on my brokers website and trading software terminal provided by him.
I immediately took up the same issue with my broker and to that the guys replied that the shares are lying in my trading account and were not transferred to my Demat. After my query they said that they will transfer the same to my Demat. Now, the shares are being deposited in bits and pieces.
Is this a normal thing in trading? Or should I be worried about some foul play?
Also, guys once the shares are in my Demat, can I automatically use them as margin? I write a few far spread nifty strangles for better than bank returns.
I had bought a few stocks in January this year. Recently when I received my DP statement, I was shocked to see none of my stock holdings reflected in my DP account. At the same time, the stocks were accurately reflected on my brokers website and trading software terminal provided by him.
I immediately took up the same issue with my broker and to that the guys replied that the shares are lying in my trading account and were not transferred to my Demat. After my query they said that they will transfer the same to my Demat. Now, the shares are being deposited in bits and pieces.
Is this a normal thing in trading? Or should I be worried about some foul play?
Also, guys once the shares are in my Demat, can I automatically use them as margin? I write a few far spread nifty strangles for better than bank returns.