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Hello TSO. Who is your clearing member for Derivatives ? If it is IL&FS
we would be able to take nifty 1 lot position @ 25k-26k. If not, it would be
31k-32k. Expecting a reply.
 
Hi. TSO. I approached u for account opening, but backed off after hearing about your high margin requirements. Brokers who have Clearing member for Derivatives Segment as IL&FS charge 25k-26k (ie, 2% less gross exposure margin).
 
Broking Firms like Zerodha, BN Rathi Securities, India Procon Advisory have
IL&FS as their clearing member for derivatives. So they charge lesser margin.
When you too have the same member, I bet you can surpass Zerodha :thumb:
 
Broking Firms like Zerodha, BN Rathi Securities, India Procon Advisory have
IL&FS as their clearing member for derivatives. So they charge lesser margin.
When you too have the same member, I bet you can surpass Zerodha :thumb:
Hello,
Can u provide all the names of brokers who have IL&FS as their clearing member?

Regards
 
Hi,
Trade2Learn,

Sorry. Am not aware of all brokers. I was trying to analyse a
few brokers why they charge lesser margin and finally came to know its because IL&FS is their clearing member who allows to take overnight positions
at lesser margin.