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What is Cash Order ?

April 26, 2017cash

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What is Cash Order ?

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If you desire to take or give delivery of shares purchased or sold then such transactions are termed as Cash Order or Delivery Order. This means that if you place a Buy order 100.5% of the value of the order shall be blocked from your Buying Power before sending the order to the exchange. In case you place a sell order then 100% of the order qty shall be blocked from the free balance available in your unsettled positions and or demat account before sending your order to the exchange.