Upstox - RKSV - Trade in Rs 20 Max

[vintrade]

Hey RKSV, Upstox seems to be exciting......eager to trade with it......when will it go live

 

[rmji]

RKSV,

Funds in MCX and NSE segment is separate in backoffice and nest.

I do intraday trading in NSE and MCX, so after 3.30 pm my funds in NSE is idle and of no use and I have to put another fund in MCX.

I know its rule to keep it separate but can you find some internal solution to this, so that NSE funds can be used in MCX as well...like--

* Voucher entry...like you do between currency and f&o or

* Lock the funds(so can't be withdrawn) in NSE after 3.30pm and put that much limit in MCX or

* Do a deal with HDFC Bank to lock the funds in client bank account itself, so no need to make payin or payout for intraday trading. I heard Axis bank is offering such service to some brokers.

* Some option in backoffice with which client can do instant Virtual fund transfer between MCX and NSE without involving bank payout.



Still there are some brokers who keep MCX and NSE in one ledger.

Now very soon FMC and SEBI also going to get merged so why to keep seperate ledger.

 

[test123]

I do intraday trading in NSE and MCX, so after 3.30 pm my funds in NSE is idle and of no use and I have to put another fund in MCX.

mhm yeah Rksv should enable common funds for mcx and nse..

Bwt if your mcx account i say in negative -533 R.s
and your nse has R.s 50000 and if place withdrawal in nse . they will not transfer funds saying stupid reason
Sir mcx account debit main hai....

So if that's monitored why not give customer facility to trade with money for mcx and nse from same margin why BS of separate account

Moment i heard it;s for mobile and it is widget i lost interest in upbox. it;s not for me. Been fan of exe based trading and don;t plan to change that

 

[timepass]

mhm yeah Rksv should enable common funds for mcx and nse..

It is an exchange requirement to keep separate funds.

With Sharekhan, you need separate funds for equity and currency on the same exchange !!

 

[copypasteaee]

Kindly provide tradewise profit and loss summary along with Turnover calculation as per Income tax dept requirement. When using ITR4 to file IT returns (which we have to if trade actively or if trading on F&O), an audit is required either if turnover is over Rs 1 crore or if profit is less than 8% of turnover. Turnover is not contract turnover but gross sum of settlement profits or losses either scripwise or tradewise. Zerodha has provided extensive reporting on platform called "Q". please refer the link here.

Kindly provide the reporting on same pattern of "Q" by Zerodha.

Hi RKSV,

waiting for updates in this regard.

 

[megapixel]

How long the shares stays in your beneficiary account (for third party demat linking)?

Is it 15 calendar days

OR

15 trading days ?

 

[saakk]

Thankx for solving my query RKSV...... Its was my fault for putting Trigger price 300 points above the current price.... (typo error)....

 

[classifiedindian]

Hey the upstox looks great! Eagerly awaiting it

 

[classifiedindian]

Also, what do you think would be the impact of the new sebi ruling on increasing contract value to 5 lacs?

 

[test123]

Also, what do you think would be the impact of the new sebi ruling on increasing contract value to 5 lacs?

That only means general public is losing. And the great white shark and African crock are winning. And they need even more food so increase contract value so left over small investor gets hurted ^^ and food chain maintains so number of ppls less and there food value gets maintained.

tho one good point will be very very small investor won;t be able to take part in forward trading and thats good for him i guess lol . Indian sebi rules have only given benefit to Fii's and Dii while general common investor is squeezed untill he dies

long story short nothing wil happen trading will go on it doesn;t matter 5 lac or 10lac contract size .. Jouari will play it no matter what. it;s called addiction


@ rksv omsisys NESt plus seems to turn off nexus vap down
so in live market we cann;t view historical graph. At least they allowing it to view after 4:00 lol
something is better then nothing i guess.