Can a Stockbroker reversed a trade confirmation contract and claimed ASX trading error have occur?
CommSec sent me a confirmation of contract to buy shares. But later they reversed the contract claiming that an error have occurred. They claimed that a trading error be performed within that particular stock on that morning.As a result of this error, CommSec said the ASX ruled on cancelling adjectives trades which executed below a certain price. Due to this error, CommSec issued me a reversal for the shares that newly purchased.
Errors sometimes occurre but when I make an error (such as typing contained by a higher purchase price) and a trade confirmed, I enjoy to bear the consequence. How can they effortlessly claim that an error had made and withdraw a confirmed contract? So next time when I buy a share at a difficult price, can I claim that I made an error and reverse the trade?
Can I claim compensation? From whom?
Answers: Unfortunately they can reverse trades if there be a computer error or such. Sorry :(
Retirement Investments?
Who should I go next to; AIG or AXIA?Answers: 80% of the well remunerated professional money/fund managers do not outproform the S&P Index Fund. So find out if AIG or AXIA enjoy outperformed the S&P over the last 10 or 20 years. You can buy a no nouns S&P fund from Vanguard. They have the lowest fees. Another painless track is to have an age targeted fund through Vanguard. The fund is allocated for the age you want to retire at.
A fund is singular as good as its commissioner. With an index you don't have a governor. Do your homework. It is a big deal and within are many wolfs dressed within sheeps clothing. Beware! Your interest is secondary to a broker looking for commissions.
All of the ULIP income plans are linked next to stock market and the returns resembles those things.
adjectives the insurance companies which are in income plan schemes have same rules and regulations only their name changes similar to ICICI, AIG, AXIA etc.
Being NRI how to get a PAN card number?
Answers: check this link
http://www.nriaccount.com/2008/01/06/pan...
You are a NRI then why do you need a Pan card?? Pan card is for resident Indian and paying income tax.
In case you are a ex NRI now settled in India, then you can apply for the same provided you have a permenant address here.