The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

Buying-in


Buying-in transaction

On the day of buying-in, the Exchange will seek to obtain stock that is available for settlement as per the timetable in the "Buying-in timetables" page.  At the Exchange’s discretion, where necessary, other settlement periods may apply.  The Exchange executes trades throughout normal trading hours for the security concerned.

Once a buying-in transaction has been executed, the Exchange will notify both the liable and requesting parties.  The liable party will be required to enter a matching delivery instruction in the appropriate settlement system on a T + 1 basis.  For CREST settled stocks this will be a “DEL”.

The liable party will be notified of the cost incurred and must ensure that the consideration and dealing charges match with the Exchange or its settlement agent.  For CREST the relevant participant code is 850.  The liable party must ensure that the transaction settles and that the securities delivered are used to settle the original outstanding transaction against which a buying-in notice was issued. 

Return to Buying in

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds