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#1
13th May 2008, 07:42 PM
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Help me understand cost structure (minifty)
I traded my first fut (minifty) on short side. The online bill is avaliable but the cost cost structure is very confusing.
Basics Sold minifty @ 4,973.00 Lot size 20 Last traded price is 4,955.00 as per terminal. Billing Sale rate is show was 4,970.02 Closing rate is 4,968.25 Rest applicable charges STC, Service Tax, etc is 28.55 I assume the sell rate show in bill i sans brokerage i.e approx 60 for brokerage What is confusing is Closing rate. It's shown as 4,968.25 where as LTP is 4955 In the terminal as well MTM is shown as 360 profit i.e is LTP Thanks... 
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