What is mean by instrument type in ODIN-Software
Eg : EQ is Equity
Another type BE,BL,BT,IL,K1,N1,VI,W1 what is abbreviation.
2007-06-03 18:38:38 · 1 answers · asked by venkat.personal 2 in Business & Finance ➔ Investing
The scrips are segregated in various groups on the stock exchanges. Some popular groups are A, B1, B2, T, Z . There are specific rules about how trading can be done in these group shares. ODIN shows you this group so as to allow you to know how these shares can be traded. For example, T group is trade for trade where if you purchase you must pay and take delivery and if you sell you must give delivery. Day trading is not possible in this group shares. So you will be aware about such rules when you trade in those shares. ODIN has provided this as a reminder to you.
2007-06-04 18:28:12 · answer #1 · answered by Nitin G 7 · 0⤊ 1⤋