Selling an unsettled trade?

External question — Personal Finance Stack Exchange Author: Martin Original post: https://money.stackexchange.com/questions/127146 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Here is my scenario. I purchased shares via my online broker in a placing. I never received a placing document or signed an order, my online broekr signed for me. The Trade date was 17th June settlement date 23rd June. The placing shares were to be issued on 23rd June. However My broker placed the shares in my account and deducted my funds on the 17th June. I then sold the shares that were available in my account to trade. The placing was pulled before the settlement date and so the placing shares were never issued. Where do I stand? This is in UK.