What if a stock is under ASM?

What if a stock is under ASM?

Note: In cases where a stock you have pledged is moved under ASM, you will no longer be provided collateral margins for that stock, because, as per ASM 100\% margin should be levied. The collateral value (shown on the trading terminals) will reduce by the value of collateral received against that stock.

What is the meaning of ASM LT Stage 1?

During stage I of ASM, following action is imposed – a. 100 \% Margin b. Daily price band of 5 \% or lower. During Stage II, when the security is shifted to trade to trade settlement wherein the settlement shall be on gross basis i.e. delivery based.

What is ASM list in NSE?

Additional Surveillance Measure (ASM)

Should you buy stocks in ASM list?

The stocks that follow simple criteria such as price volume spike is put under watch. Apart from that if a stock price is not justifying fundamentals it is put under ASM list. The exchange will review these stocks on a bimonthly basis and make the changes as per ASM framework.

How many stages are there in ASM?

Once a company is identified under GSM, it goes into one of the six stages of the GSM. With every stage, the restrictions get progressively higher. At the first stage, securities are placed under trade-to-trade category, and a maximum of 5\% price movement in shares is allowed.

What is Stage 4 in ASM list?

ASM Stage 4 meaning Settlement will be on a gross approach with all customers paying a 100\% margin and a 5\% price range.

How do I withdraw money from ASM?

Withdrawal must be done over the counter at Maybank branches, fully operational ASNB offices and at any ASNB agents.

How ASB dividend is calculated?

ASB dividend is calculated monthly for each month in the year. Your dividend for the month will be based on the lowest balance in the month which is RM10,000. The total dividend you receive every year is the sum of the 12 months dividend formula (Jan – Dec, 2017).