Hi Sachin,
I opened my account last week and did my first trade today.
I have some questions regarding usage of exe version.
1)While squaring off positions, is it possible to specify limit value? When I click on Square Off button on net position window, the order is being executed at market price.
2)Today I have shorted one lot Mar 5200 PE at 63 and below are the margin figures from RMS limits screen.
Margin Used : 16558.18
Span Margin Present : 11640
Exp Margin Present : 8318.17
I am not able to understand these values.
As per my understanding,
Margin Used = Span Margin+ Exposure.
3)Suppose if the market goes down from here, at what NIFTY level my short trade will be squared off, if I dont provide any extra margin?
I am not able to see any trigger value.
4)In Admin Positions (net wise), it is showing that I shorted 2 lots of 5200PE, even though I actually shorted only one lot. But in Day wise its showing one lot correctly. Is it a bug in NOW application?
Thanks in advance.
--narayana