Upstox - RKSV - Trade in Rs 20 Max

I have my own strategy with respect to Nifty options and would like to Algo-trade. But I do not know programming.

Are you offering Algo-trading facilities with respect to Nifty options ? Can you set up my strategy for me?
 

megapixel

Well-Known Member
Hey Megapixel,

Shares would be held in beneficiary account for 15 trading days. Again depends on your priority. If you wish to get the same transferred to linked demat account or hold in beneficiary for few more days, we do so. Please note that shares cannot be held in beneficiary for more than a quarter.
I sent a query to your support regarding this. I got a reply (from Adrian) that it is held for 3 months as of now as per new policy.... This is fine with me . ..... happy.
 
I have my own strategy with respect to Nifty options and would like to Algo-trade. But I do not know programming.

Are you offering Algo-trading facilities with respect to Nifty options ? Can you set up my strategy for me?
Hey Good2trade,

We are sorry, presently we do not have any service that programs your Algo.
 

deba72

Well-Known Member
RKSV

What is your margin policy regarding hedged position.. suppose I buy 1 lot Nifty @ 8550 and sell 1 lot 8550 CE what will be my net margin requirements for carry forward trade?
 
RKSV

What is your margin policy regarding hedged position.. suppose I buy 1 lot Nifty @ 8550 and sell 1 lot 8550 CE what will be my net margin requirements for carry forward trade?
Hi Deba72,

While placing an order you need to have following margins.

1) Nifty@8550 - Rs. 17,000
2) Nifty option short@8550 - Rs. 15,000

These are the order level margins which you need to have in your account before placing the orders. You will get benefit on this portfolio after you place the order and the Net Portfolio Margin will be Rs. 24,000.

You can check the span calculator on our website which is placed here, to check all the margin requirements on your overall Portfolio.

Share your contact details if you need further clarification.:thumb:
 
@rskv,

did you have connectivity issues today?

what is your contingency plan in such cases?
Hey throwawayacc123,

We didn't have any connectivity issues today.

Well, we did the following about a month ago:

-- Put up a ton of servers to handle clients
-- Quadruple our bandwidth
-- Redundancy on all of our switches and servers with auto failover
-- Redundant connections to all exchanges
-- Dedicated backup servers offsite

So far, we haven't faced any problems since we migrated to our new infrastructure.
 
Hey throwawayacc123,

We didn't have any connectivity issues today.

Well, we did the following about a month ago:

-- Put up a ton of servers to handle clients
-- Quadruple our bandwidth
-- Redundancy on all of our switches and servers with auto failover
-- Redundant connections to all exchanges
-- Dedicated backup servers offsite

So far, we haven't faced any problems since we migrated to our new infrastructure.
This is what Zerodha had to say about today's glitch at their end -

"Guys today one of the lines that connect us to the exchange went down, we have multiple lines. But if the line gets disconnected the clients using this line have to be moved over to the new one. This takes upto 15 minutes.
Again this wasn't the line to receive feeds, it was the line which sends orders to the exchanges. During switch over off the lines also had some issues today. Fibre optic cable getting cut is something totally out of our control. But yes the fail-over had to have happened much faster. We have done some changes today to reduce that, but hopefully we won't have fibre optic cable getting cut."


Would like to know how you manage this specifically. What edge you guys have ,if any, over Zerodha in 'Order execution' especially in the above case?What you've listed above would have taken care of that?? BE HONEST :)
 

copypasteaee

Humbled by Markets
Hi RKSV,

Today i got an email from your end that you have two PROFITABLE startegies to trade FnO. Then ur email led me to some 3rd party site. It appears that third party site is selling those methods. On watching the presentation, the author shown some examples that the method worked with moderate profits.

I know the author as he was moderator/ admin of some other forum (that forum went paid and then failed miserably).

I dont trust that 3rd party guy so my question to you is: do you take guaranty of the methods taught on "tradeacademy.in" that those will be profitable and has proven track record and backtest results? I was thinking to buy the 15 minutes option strategy but i was really double minded.

Second query is : How is rksv associated with tradeacademy.in (is it profit sharing basis or referral basis) or is it a rksv subsidary?