ICICI Securities (icicidirect.com) - Derivative square off 4 days before the expiry date.
Complain ID : CCN041020 35
Stock Market Complaint
Complaint Date: August 29, 2019
Modified date: October 6, 2019
On 23rd May,2019 I have buy 3 lots of SAIL call option strike rate Rs.52/-. Expiry of the contract was 30th May, 2019 but icici has square off on 24th May,2019.On inquire he says this is as per SEBI circular ref.no.SEBI/HO/MRD/ DOPI/CIR/P/ 2018/161 dated 31st Dec.,2018. I request them so many times to provide me a copy of this circular because I could not find at SEBI web site.If I can sell this trade on next working day I will be get profit around Rs.30,000/- Submitted for justice.
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