facebookHi, can I buy & later sell the same stock (store in CDP) within the same day? Does it need a few days to go into cdp before I can sell it? - Seedly

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Anonymous

16 Apr 2020

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SeedlyTV

Hi, can I buy & later sell the same stock (store in CDP) within the same day? Does it need a few days to go into cdp before I can sell it?

Is there a waiting time that I have to observe before I can sell a stock?

SeedlyTV S2E02

Discussion (1)

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Hi anon, I believe you are referring to "contra trading". If so, you can buy and sell the same stock within the same day, but it won't be stored in your CDP since it's before the settlement period (T+2). ​​​

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