Someone through light plzz!!

[BabyFish]

Hi Guys,

I use Reliance Demat for trading. There they have three type of order:
1. Limit
2. Stop Loss
3. Market

I understand Limit and "Stop Loss" here, but no idea of Market orders, what is that?

They have three types of products:
1. ATST
2. Delivery
3. Margin

Some one pls explain me what are these product type.

Regards,
BabyFish

 

[gulshanranjan]

Hi babyfish,

1) market order mean your buy/sell order will get executed immediately on current market price.

2)
1. ATST = its like BTST thing i guess
2. Delivery = when u bought stock earlier then the trading day
3. Margin = when u buy you stock in exposure

Hope this wil help.

Gulshan Ranjan

Disclamier : I never used reliance but i guess itwill be same like others

 

[rajeabc]

Hi Guys,

I use Reliance Demat for trading. There they have three type of order:
1. Limit
2. Stop Loss
3. Market

I understand Limit and "Stop Loss" here, but no idea of Market orders, what is that?

They have three types of products:
1. ATST
2. Delivery
3. Margin

Some one pls explain me what are these product type.

Regards,
BabyFish

Market order : Executed immediately at CMP or Next BID price (not advisable to put Market order as price could have a spike and you might get at very high price )


1. ATST--------------Acquire today sell tomorrow: You can buy today and sell it tomorrow even when shares have not been credited in your DEMAT A/C . Not all companies are allowed in ATST so please check it.
2. Delivery----- -You buy and get the shares in your DEMAT A/C on T+2 days . After that you can keep or you can sell whatever you want.
3. Margin[/B]------------ You pay some % of total money (around 20% in Future) and take position . Whenever you square off you holding you need to pay loss or get profit .Normally you need to maintain Minimum required margin .

 

[BabyFish]

So, if I place an order as ATST, then i cannot sell it today?
and can I sell Delivery product on the day on purchase?

 

[BabyFish]

Seniors!! pls clear my doubts.

 

[Capricorn]

So, if I place an order as ATST, then i cannot sell it today?
and can I sell Delivery product on the day on purchase?

If you want to sell the day u have purchased use the intraday product provided.

 

[BabyFish]

But there are "ATST", "Delivery" and "Margin" products. What is intraday product? is it Margin product?

 

[alroyraj]

So, if I place an order as ATST, then i cannot sell it today?
and can I sell Delivery product on the day on purchase?

At least In Indiabulls, when you buy under intraday or cash (delivery ) segments but sell the same day, you pay the intraday brokerage.
However when you use delivery instead of atst ,you may not get leverage or exposure.
I think intraday is ATST in your case.