If a trade has been placed in error, the following must be done and communicated to DMA:
- Immediately counter the relevant trade. Example: Account is long 200 Sasol Ltd.
- Notify trading@dma.co of the misdeal by indicating the account in question and the relevant trade that was placed in error.
- DMA will move the two lines (the original trade and the countering trade) to your error account for the two lines of the trade to settle.
- You will be required to settle the loss of the trade in the error account.