Trade Smart Online

[cloudTrader]

@ TSO ,

With introduction of NEST from your side will you be providing Instant Cash Transfers for more banks in addition to the ones which you are providing as of now ?

Thanks.

 

[TradeSmartOnline]

Yes, more banks will certainly be included.

 

[timepass]

With NEST, will you provide cover orders for scrips other than Nifty and Banknifty ? Will all the other scrips have higher exposures ?

 

[TradeSmartOnline]

Hello timepass,
Yes, other contracts will also be included in cover orders.

Can't comment on whether all contracts will have a higher exposure or not. Will have to check a few things for that.

 

[Anirban Dharitiputra]

Can't comment on whether all contracts will have a higher exposure or not. Will have to check a few things for that.

Sorry to bother you sir, but in Now also You could offer additional exposures in futures just say 5/6 times.

Please Let me know, If I am wrong.

 

[TradeSmartOnline]

Sorry to bother you sir, but in Now also You could offer additional exposures in futures just say 5/6 times.

Please Let me know, If I am wrong.

Hello Anirban,
Interaction and feedback is always welcome. It is not a botheration in any way.

Yes, higher limits can be provided in NOW too. But to be able to provide additional limits the adequate risk management features should be present in the trading software. Otherwise before you know, you'd have suffered huge losses simply due to the lack of understanding of how much risk you are taking.

 

[Anirban Dharitiputra]

Hello Anirban,
Interaction and feedback is always welcome. It is not a botheration in any way.

Yes, higher limits can be provided in NOW too. But to be able to provide additional limits the adequate risk management features should be present in the trading software. Otherwise before you know, you'd have suffered huge losses simply due to the lack of understanding of how much risk you are taking.

Sir,

My intention was not to bypass the question of risk management. I have seen a lot of arguments in Traderji that in case of 'NOW' there's a restriction in place for Limits from NSE.

I wanted to clear that doubt thats all

 

[Anirban Dharitiputra]

By the way, who is replying these queries in this thread?

Mr Singhania ? Indeed a nice guy.

regards

 

[TradeSmartOnline]

Sir,

My intention was not to bypass the question of risk management. I have seen a lot of arguments in Traderji that in case of 'NOW' there's a restriction in place for Limits from NSE.

I wanted to clear that doubt thats all

It's good to be curious

Regarding the restriction in NOW, I think you are referring to cover orders. There is a limitation in NOW with cover orders.

 

[TradeSmartOnline]

By the way, who is replying these queries in this thread?

Mr Singhania ? Indeed a nice guy.

regards

He does reply sometimes. We take turns to do it. It should all be a team effort.