Trade Smart Online

[DataRam]

Thanks for the feedback.

We are aware that we need to make our back office more appealing. Pls understand that we haven't ignored this issue at all. As mentioned in our earlier post, we are working on the same.

Back office is like the ERP for the broking industry. Changing an ERP involves a lot of planning and time. At the same time, if new pages are to be designed, that also takes time. We are in touch with our existing vendor too about this issue. This might take time but we are committed to continuously improve our offerings to our users.

By the way, we should be starting commodities soon. Within about 2 months.

I surely understand the difficulties in achieving the changes. Well your commitment has really impressed me and so I am comfortable keeping patience.

Regarding commodities you have given a good news. :clapping:

 

[lvgandhi]

Regarding switching of price schemes from rs.15 to unlimited,I have afew questions.
1) After receipt of mail for switching by TSO, when it will be made effective? immediately or beginning of next month?
2) If immediately, will the unlimited period be only upto the end of that month or for 30 days?

 

[timepass]

Thanks for the feedback.

We are aware that we need to make our back office more appealing. Pls understand that we haven't ignored this issue at all. As mentioned in our earlier post, we are working on the same.

Back office is like the ERP for the broking industry. Changing an ERP involves a lot of planning and time. At the same time, if new pages are to be designed, that also takes time. We are in touch with our existing vendor too about this issue. This might take time but we are committed to continuously improve our offerings to our users.

By the way, we should be starting commodities soon. Within about 2 months.

Along with other changes, I hope you will look into lowering the margin requirements for cover order on a priority basis.

 

[TradeSmartOnline]

Regarding switching of price schemes from rs.15 to unlimited,I have afew questions.
1) After receipt of mail for switching by TSO, when it will be made effective? immediately or beginning of next month?
2) If immediately, will the unlimited period be only upto the end of that month or for 30 days?

Hello lvgandhi,
1. Unless specifically mentioned by you to start from the beginning of next month, it'll start immediately after you receive the confirmation form us.

2. If immediately, then you'll be charged on a pro rata basis for that month and for next month it will be charge for whole month.

 

[TradeSmartOnline]

Along with other changes, I hope you will look into lowering the margin requirements for cover order on a priority basis.

Hello timepass,
We'd have done it long ago if it was in our hands. However, despite being a very robust software, NOW does have certain limitations.

Since we'll not be using only NOW, we are also looking at reducing the margin requirements for cover order.

 

[timepass]

Hello timepass,
We'd have done it long ago if it was in our hands. However, despite being a very robust software, NOW does have certain limitations.

Since we'll not be using only NOW, we are also looking at reducing the margin requirements for cover order.

Strange, but it seems that some other brokers offering NOW are also offering better intraday margins using cover order. Also offering CO for options.. will check with the other members and brokers.

 

[TradeSmartOnline]

Strange, but it seems that some other brokers offering NOW are also offering better intraday margins using cover order. Also offering CO for options.. will check with the other members and brokers.

Sure.
Please do share with us your findings.

 

[naveen_talkin]

TradeSmartOnline

What is the cost of stamp duty for 1 nifty lot

Regards
Naveen

 

[TradeSmartOnline]

TradeSmartOnline

What is the cost of stamp duty for 1 nifty lot

Regards
Naveen

Hello naveen_talkin
Stamp duty would be Rs 200 per cr.

Assuming buying Nifty fut at 6500, for 1 lot of Nifty the stamp duty would come out to Rs 6.5

 

[TradeSmartOnline]

Hello all,

Wish you all a very Happy Holi!!!!!