Hello Recently when i was going through my contract note of my trading in ARTHA MONEY -i noticed some buying of shares on May 19 2009. I had only sold shares on that day and did not make any purchases.
I contacted them to know who and when had put this trade. After sometime they came out with the answer ""There was a system error yesterday due to which some trades could not be seen by the customer. Such trades were squared-off to avoid the client from going short and to reduce losses"" How can any broker reverse the transaction without consulting the customer - Even assuming it has been done in the interests of the customer - are they not bound to keep the customer informed - I could have still given them some benefit of doubt - if they had immediately on my raising the querry they had told me the truth. How do we believe such brokers?? What is the penalty for such actions? thanking you s ramji 9382333133 --~--~---------~--~----~------------~-------~--~----~ -- For Anything related with Stock market be Online at http://www.niftyviews.com/ Get free updates on your mobile phone. SMS- JOIN SRESEARCHERS to 567678for our market updates You received this message because you are subscribed to Google Group "STOCKRESEARCHER" group. To post to this group, send an email to [email protected] To unsubscribe email [email protected] for more info visit http://groups.google.com/group/STOCKRESEARCHER?hl=en-GB . This is Not a Spam Mail. Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture." -~----------~----~----~----~------~----~------~--~---
