What does it mean to purge an order?
This lump sum is called a purge which means that it is paid to avoid further sanctions and purge the violator of the contempt. Often the payment is to avoid going to jail for non-payment. You should definately ask for a purge amount expecially if the amount owed is significant.
What does purge mean Nabtrade?
Good for day orders are purged from the market after market close that day, if they do not trade. With a Good till date order you can select the date at which your order expires.
Why do my share orders keep getting Cancelled?
If the stock breaks out to the upside, the buy order executes, and the sell order gets canceled. Conversely, if the price moves below the trading range, a sell order executes, and the buy order is purged. This order type helps reduce risk by ensuring unwanted orders get automatically canceled.
What happens when stock is Cancelled?
When a company cancels its common stock, it declares all existing common stock certificates to be null and void. Most often, companies cancel stock when going through bankruptcy proceedings. After canceling, the company may cease to exist or issue new shares in a reorganized company.
What’s a purge in law?
Purge. To exonerate someone; to clear someone of guilt, charges, or accusations. Purging Contempt is to clear an individual of contempt of court. This is generally accomplished by a formal apology to the court and the payment of a fine.
Why are stock orders rejected?
Your orders can get rejected due to one of many reasons like insufficient margin, incorrect use of order type, scrip not available for trading, stock group change etc.
Why did my order fail Nabtrade?
Any domestic orders that do not pass all filters or are placed outside market hours, will queue overnight, awaiting manual review the following morning. Any international orders which do not pass our filters will automatically fail.
Why would a stock purchase be rejected?
Can a company just cancel shares?
Private companies may wish to strike out the original shares, however, the shares cannot simply disappear. More will need to be done to cancel these shares and a few options are considered below.
Why do stock orders get rejected?