Is there a reason why brokers pay so late?

More at: r/NepalStock by breeze959

5 comments
  1. Aja Share kineko manche lai voli ra parsi samma time huncha so tyaha 2 din lagyo ani tesle afno broker lai tircha ani tyo broker le timro broker lai tircha tyaha ek din lagyo ani timro broker le tyo paisa ko entry garcha vanera rakchaha tyaha 2 din gayo ani timle paune voli palta ho which is 5th day..
    My recommendation to you is keep the money in broker ac baru euta stock bechne bitikai arko stock tei amnt ko kina .. why get charged on ever cips transaction

  2. This is purely cost effective reason. If person does multiple transactions on multiple time span then it is easy and cheap for them to net settlement for fewer times than for each time. The system should be automated so than the selling amount should be deposited in intermediate account of broker and if trader/investor want to withdraw cash then it should be on access to the user itself without broker initiation.
    The issue is TMS and the broker system is not in sync, the above system is build in TMS as collateral, but we have to explicit request to the broker for withdrawl.

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