Upstox - RKSV - Trade in Rs 20 Max

[saakk]

I have stopped expecting from RKSV. I waited long for MAS(margin against shares) and they launched it too late. And now they have launched creating so weird rules which no broker in Indian industry has so far. Waste of wait :lol:

What rule??

 

[bpr]

We're putting the pedal to the medal on delivering.

Web will be out on beta this week. iOS will be out at the end of this month. A spanking new version of Keystone will be out in early June. We're pushing out new features every month on our products.

Here's a preview of web. And a look at our iOS platform here.

Everything is coming out under the Upstox banner. We have re-branded our Android application completely and are now doing the same for all of our upcoming apps.

nice.
do you have trade from chart feature in upstox web?or planning or not posiible?

 

[NJ23]

We're putting the pedal to the medal on delivering.

Web will be out on beta this week. iOS will be out at the end of this month. A spanking new version of Keystone will be out in early June. We're pushing out new features every month on our products.

Here's a preview of web. And a look at our iOS platform here.

Everything is coming out under the Upstox banner. We have re-branded our Android application completely and are now doing the same for all of our upcoming apps.

What about APIs?

 

[RKSV]

nice.
do you have trade from chart feature in upstox web?or planning or not posiible?

Planning, coming in 4 weeks. Along with 90+ indicators. And our mobile charting is going to kick butt because we're writing the plugins from scratch.

 

[RKSV]

What about APIs?

That's in our product roadmap. Any specific APIs that you're looking for? JSON/REST or something like AmiBroker bridge?

 

[iTrade]

What rule??

Rules:
Funds limit to be matched to MAS limit 50:50
Charges per script

The MAS limit 50:50 is most weird. If you have stocks worth 50k (After hair cutoff) then why do u need equivalent cash? I can understand 10 20% cash
but 50:50 is too much. If anyone defaults they already have the shares as collateral. Nothing much to risk on their side.

 

[saakk]

Rules:
Funds limit to be matched to MAS limit 50:50
Charges per script

The MAS limit 50:50 is most weird. If you have stocks worth 50k (After hair cutoff) then why do u need equivalent cash? I can understand 10 20% cash
but 50:50 is too much. If anyone defaults they already have the shares as collateral. Nothing much to risk on their side.

Hmm, I wont mind as long as service is good, Saving brokerage is more then enough for me, Dont want to end up wit open nifty position and unable to punch in order (other famous discount broker)....

For good service i am ready to pay little extra.... Brokerage saved at year ends turnover will make up to this rule....

Just my 2cents, you are right at your place though....:thumb::thumb::thumb:

P.s:- My old broker is ready to charge 500 rs per crore but still cant beat RKSV.... (service is every thing in this business and i hope it gets better from here)

 

[RockyRobust]

Rules:
Funds limit to be matched to MAS limit 50:50
Charges per script

The MAS limit 50:50 is most weird. If you have stocks worth 50k (After hair cutoff) then why do u need equivalent cash? I can understand 10 20% cash
but 50:50 is too much. If anyone defaults they already have the shares as collateral. Nothing much to risk on their side.

This rule is not set by RKSV but it is a legal requirement by the authorities overlooking trading rules. This is done to safeguard clients otherwise excessive positions can go against them at large in the form of investment liquidation.

 

[Buzzstop]

RKSV. Can the position auto-square off time be increased from 3:15 pm to say about 3:25 pm. ?

 

[RKSV]

RKSV. Can the position auto-square off time be increased from 3:15 pm to say about 3:25 pm. ?

Our risk managers are not comfortable pushing the limit so close to market close. Fifteen minutes seems to work with most traders and it gives us a really good cushion in case the exchange has issues in the tail end of the trading day.