---
title: "Why is buying restricted for GSM stage 2 and above stocks?"
description: "Clients will not be able to buy stocks that are in GSM stage 2 or higher. These stocks require Additional Surveillance Deposit (ASD) of 50% of the…"
category: arrow
subcategory: trading-faqs
slug: why-is-buying-restricted-for-gsm-stage-2-and-above-stocks
canonical: https://support.arrow.trade/arrow/trading-faqs/why-is-buying-restricted-for-gsm-stage-2-and-above-stocks/
---

# Why is buying restricted for GSM stage 2 and above stocks?

> Clients will not be able to buy stocks that are in GSM stage 2 or higher. These stocks require Additional Surveillance Deposit (ASD) of 50% of the…

## Short answer

Clients will not be able to buy stocks that are in GSM stage 2 or higher. These stocks require Additional Surveillance Deposit (ASD) of 50% of the trade value or more. The ASD margin will remain blocked by the exchange for a period of at least 2 months even after the stock is sold.

The restrictions are only applicable to fresh buy purchases as part of the iRage policy. Clients can still sell the stock from holdings if they hold a GSM stage 2 and above stock in their account. To learn more about GSM, see

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Source: https://support.arrow.trade/arrow/trading-faqs/why-is-buying-restricted-for-gsm-stage-2-and-above-stocks/
Publisher: Arrow / iRage Broking Services LLP