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Margin Required for Nifty futures in R Money

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  #1  
Old 26th March 2007, 11:20 AM
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Default Margin Required for Nifty futures in R Money

Hello Friends,

I have opened an account in R Money, I want to know what will be the Margin for Nifty futures for a 100 lot.

I have 10 % margin in the account , but it still does not allow me to trade ?

It would be great if anyone who is trading in Nifty Futures in R Money could inform me about the same.

Thanks a lot.
Ashok
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  #2  
Old 26th March 2007, 11:22 AM
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Default Re: Margin Required for Nifty futures in R Money

Quote:
Originally Posted by ashok1010 View Post
Hello Friends,

I have opened an account in R Money, I want to know what will be the Margin for Nifty futures for a 100 lot.

I have 10 % margin in the account , but it still does not allow me to trade ?

It would be great if anyone who is trading in Nifty Futures in R Money could inform me about the same.

Thanks a lot.
Ashok
At this time margin on nifty is 12.50 % so r-money is not allowing you to trade.
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  #3  
Old 26th March 2007, 12:04 PM
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Default Re: Margin Required for Nifty futures in R Money

Due to market volatility margins got incresed across the board by the exchange.
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Old 27th March 2007, 11:58 AM
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Default Re: Margin Required for Nifty futures in R Money

Thanks a lot for your replies Friends.
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Old 7th April 2007, 01:46 PM
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Default Re: Margin Required for Nifty futures in R Money

Hello ashok1010,

Kindly let me know your satisfaction levels with RelianceMoney.

Also If you can share with us you experience while trading Nifty Futures on RelianceMoney. Even I am planning to open an a/c. with them, would you recommend them ? How is their customer service ? How do you find their brokerage structure vis-a-vis their service standards ?

Thanks,

Siddique
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