If you place a buy order for a stock under surveillance on Samco, one of the following will happen depending on the stage of surveillance:
- Your order may go through but require a higher upfront margin than usual. If your available balance does not cover this, the order will be rejected due to insufficient funds.
- Your order may be rejected outright if the stock is in a stage where fresh buying is not permitted.
- If the stock is in trade-to-trade settlement, your intraday order will not be allowed, only delivery-based orders will be accepted.
For sell orders, restrictions are generally fewer. In most surveillance stages, you can still sell your existing holdings. However, in certain advanced stages, even selling may require specific conditions to be met.
Before placing any order on a stock you suspect is under surveillance, check the margin requirements on the order window. If the margin shown is unusually high, that is a clear signal that the stock has been flagged.
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