Trade Smart Online

[traderite]

@ TSO ,

Can you get some more lenient in your Margin Policy for MIS orders. Afterall Discount Broking should take Margin factor into account.

Also try to implement Cover Order for Nifty & Bank Nifty Futures as soon as possible , they help in margin reduction.

Thanks.

 

[TradeSmartOnline]

@ TSO ,

Can you get some more lenient in your Margin Policy for MIS orders. Afterall Discount Broking should take Margin factor into account.

Also try to implement Cover Order for Nifty & Bank Nifty Futures as soon as possible , they help in margin reduction.

Thanks.

Hello traderite,
Cover orders have been implemented for Nifty and BankNifty. We still need to prepare a video for the same. Hence it has not been mentioned on the website yet. However, we are activating it for those aware of the product use and who ask for it.

Please send an email to support(at)vnsfin(dot)com stating your client id and that you'd like the cover order product to be enabled and we'll enable it for you.

 

[timepass]

Please send an email to support(at)vnsfin(dot)com stating your client id and that you'd like the cover order product to be enabled and we'll enable it for you.

Mail sent.

Will use it on learning how to use it

 

[timepass]

Cover order enabled. Will need to learn how to use it.

BTW, VNS,

Yesterday there was the news that SEBI has allowed trading of interest rate futures. Please keep us updated about it.

 

[Sagaya]

Hello traderite,
Cover orders have been implemented for Nifty and BankNifty. We still need to prepare a video for the same. Hence it has not been mentioned on the website yet. However, we are activating it for those aware of the product use and who ask for it.

Please send an email to support(at)vnsfin(dot)com stating your client id and that you'd like the cover order product to be enabled and we'll enable it for you.

Hi!VNS,

Can you please explain how cover orders work in NIFTY & BANK NIFTY with you?What are the advantages if you do in cover order than in MIS?

Sagaya

 

[TradeSmartOnline]

Hi!VNS,

Can you please explain how cover orders work in NIFTY & BANK NIFTY with you?What are the advantages if you do in cover order than in MIS?

Sagaya

Sure. We'll soon write a knowledgebase article for the same.

 

[traderite]

Hello traderite,
Cover orders have been implemented for Nifty and BankNifty. We still need to prepare a video for the same. Hence it has not been mentioned on the website yet. However, we are activating it for those aware of the product use and who ask for it.

Please send an email to support(at)vnsfin(dot)com stating your client id and that you'd like the cover order product to be enabled and we'll enable it for you.

@ TSO,

Really good news from you. I was missing this feature , now surely something to rejoice.

Thanks . :clapping:

 

[TradeSmartOnline]

Hi!VNS,

Can you please explain how cover orders work in NIFTY & BANK NIFTY with you?What are the advantages if you do in cover order than in MIS?

Sagaya

Cover order enabled. Will need to learn how to use it.

BTW, VNS,

Yesterday there was the news that SEBI has allowed trading of interest rate futures. Please keep us updated about it.

Hello,
We've added Cover order to our knowledge base. Kindly refer to our article "What is a Cover Order?" for the details on cover order.

 

[XUV-500]

@ tso and TP
Honestly, i am dumb when comes the topic- margin benefit CO.

But i remember reading a post by erstwhile discount broker VPS where he stated that CO (from margin benefit view) is lucratve in stock fut and not with index fut.
Is that true ?
TP, u can search that thread.

 

[TradeSmartOnline]

@ tso and TP
Honestly, i am dumb when comes the topic- margin benefit CO.

But i remember reading a post by erstwhile discount broker VPS where he stated that CO (from margin benefit view) is lucratve in stock fut and not with index fut.
Is that true ?
TP, u can search that thread.

The margin benefit is certainly higher in case of stock futures but in case of index futures also there is a benefit. But pls keep in mind that's not the only use of a cover order