Trade Smart Online

[timepass]

Hello VNS, in last 2-3 days, has there been some increase in margin limits for CDS scrips ??

 

[lvgandhi]

Today I found margin values for Banknifty for MIS trades has bees increased from 50 to 60%. At 50%, it should have been around 34000 for one lot in NRML trades and for two lots in MIS trades. But for MIS trades for two lots it shows around 40000 as margin required. Any reasons? Please inform by mail before hand.

 

[TradeSmartOnline]

@tradesmart
Can we purchase REC bond(see below link) via NOW or do we need to apply on paper form.
http://www.bseindia.com/markets/pub...idtype=1&status=L&IPONo=763&startdt=8/30/2013

Hello neoman,
This is not in the OFS. You'll have to apply on the paper form.

 

[TradeSmartOnline]

Hello VNS, in last 2-3 days, has there been some increase in margin limits for CDS scrips ??

Hello timepass,
NSE changes its margins 5 times in a day. One of the component in the span margin calculation is volatility. Due to the increase in the volatility in the lately, the margins have increased.

 

[TradeSmartOnline]

Today I found margin values for Banknifty for MIS trades has bees increased from 50 to 60%. At 50%, it should have been around 34000 for one lot in NRML trades and for two lots in MIS trades. But for MIS trades for two lots it shows around 40000 as margin required. Any reasons? Please inform by mail before hand.

Hello lvgandhi,
As mentioned in the previous post, the margin required is decided by the exchange. Exchange does its calculations 5 times in a day. Due to the increased volatility in the recent times the margin required has been increased by the exchange.

Nothing has been changed from our end. You can still trade intraday at 50% of the margin required. It's just that the total margin required itself has gone up.

 

[lvgandhi]

Hello lvgandhi,
As mentioned in the previous post, the margin required is decided by the exchange. Exchange does its calculations 5 times in a day. Due to the increased volatility in the recent times the margin required has been increased by the exchange.

Nothing has been changed from our end. You can still trade intraday at 50% of the margin required. It's just that the total margin required itself has gone up.

1)From where do I get margin data for trading with you?
2)Zerodha margin requirements are less in zerodha trader for same trade compared to what is shown in Now from you.
If it is decided by exchange why is it different.

 

[TradeSmartOnline]

1)From where do I get margin data for trading with you?
2)Zerodha margin requirements are less in zerodha trader for same trade compared to what is shown in Now from you.
If it is decided by exchange why is it different.

Please refer to our Dropbox link and you can find the margin required file in the others section. For your convenience here is the link to access the file.

As per the reporting done to the exchange the end of the day margin collected is to be reported. For intraday purpose, different brokers may have a different policy.

Leverage is a double edged sword and should be used carefully.

 

[timepass]

Please refer to our Dropbox link and you can find the margin required file in the others section. For your convenience here is the link to access the file.

As per the reporting done to the exchange the end of the day margin collected is to be reported. For intraday purpose, different brokers may have a different policy.

Leverage is a double edged sword and should be used carefully.

Hello VNS, where is the file for margin limits for CDS ??

I am using the dropbox of another broker to see the CDS limits

 

[TradeSmartOnline]

Hello VNS, where is the file for margin limits for CDS ??

I am using the dropbox of another broker to see the CDS limits

Good point
Will look into the same.

 

[lvgandhi]

Please refer to our Dropbox link and you can find the margin required file in the others section. For your convenience here is the link to access the file.

As per the reporting done to the exchange the end of the day margin collected is to be reported. For intraday purpose, different brokers may have a different policy.

Leverage is a double edged sword and should be used carefully.

I got the reply from your support also. I checked the drop box site at 15:20 hrs. It was written there that uploaded 4 hrs before. that means at 11:20 hrs. Please see to that it is uploaded before 8:00 am( or at least before market opens) so that one can increase margin as per revised one. This is especially necessary if there is sudden jump as today. Up to yesterday, it was around 30000 and today it is 40000 for one lot of bnf for nrml trade and 2 lots of bnf mis trade..