We were availing commodity market services from the company since last 8-10years. We had some market positions in commodity market.like crude oil and natural gas etc. On 28 Aug 2013 market opened with a rise. We were informed to pay 1lac rupees immediately. By the time the cheque reached the office(matter of 30min) all the positions were squared up booking huge losses. Kindly help.
We were holding positions from long time and were regularly paying day 2 day margin and losses. Also the rollover differences were paid. We suffered a loss of approximately 5-6 lacs. Had the positions not squared up.today we would have been at our cost.
We want to get back the market positions those were squared up. From the day they were equated
Complainant Information
name- uttambhartiya