Zerodha Part 2

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TraderRavi

low risk profile
Dear Zerodha,

I had placed a MARGIN SELL order for SATYAMCOMP today for 250 units @ 116.5. I am surprised to find that margin amount blocked for the same was 29000+. Have you started applying the increased margin rates 1 day prior to the announced date ?

Regards

P.S. I am sending my User id by PM for your perusal.
I was not able to buy 1 lot NF through MIS yesterday...rejection reason AUto square off blocked ..what is this error...:confused:
 

Zerodha

Well-Known Member
Sachin/Zerodha

now a hypothetical situation:

after taking a position in any commodity with just the prescribed margin - if in
T+1, the mtm is about is negative , then the margin component will also rise by about same amount of the mtm loss. now if a client does not pay the enhanced margin , the position is compromised . in this case, will MCX slap a penalty on the client due to the shortfall in margin, as this is done in NSE - the client is penalised by NSE


also- cud u furnish the circular regarding the margin shortfall penalty of NSE and the corresponding that of MCX

regards
subroto
MCX doesn't have a penalty like that yet, so no circulars

NSE circular will try to find and post it here..
 

Zerodha

Well-Known Member
Dear Zerodha,

I had placed a MARGIN SELL order for SATYAMCOMP today for 250 units @ 116.5. I am surprised to find that margin amount blocked for the same was 29000+. Have you started applying the increased margin rates 1 day prior to the announced date ?

Regards

P.S. I am sending my User id by PM for your perusal.
Satyam is not allowed on our list of stocks for intraday trading with extra leverage.. I guess with lower volatility nowadays, it makes sense to introduce this again, have spoken to our risk team..

you can see the list of stocks in the download section on our webpage.. intraday margins, excel file..
 

TraderRavi

low risk profile
This should be after 3.20pm, after 3.20 pm, you are not allowed MIS orders, only NRML as we require full margins to trade between 3.20pm to 3.30pm..
no this was in the morning around 11-12......I recently migrated to NOW from ZT..may be some error , will again have to check in march....generally I dont require leverage , as trading in options mostly.....
 
Dear Hari (Zerodha)

I wanted to ask you if there is any chance of adding any technical indicators to the current list. If so, I would really love to see Ichimoku indicator added. Is there any hope? Thanks

Regards
KK
 
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