Traderji.com - Discussion forum for Stocks Commodities & Forex


Dp Haircut

Discuss Dp Haircut at the Brokers & Trading Platforms within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I have sharekhan online trading and demat account. my DP balance shows shares before DP ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > TOOLS & RESOURCES > Brokers & Trading Platforms

Brokers & Trading Platforms Talk about Brokers and Trading Platforms here.


Reply
 
Thread Tools
  #1  
Old 8th February 2008, 10:56 AM
Member
 
Join Date: Feb 2006
Posts: 163
Thanks: 3
Thanked 10 Times in 8 Posts
doctorrahul is on a distinguished road
Default Dp Haircut

I have sharekhan online trading and demat account.
my DP balance shows shares before DP Haircut and shares after DP Haircut.
what is this DP HAIRCUT ?
Please explain.



Reply With Quote
The Following User Says Thank You to doctorrahul For This Useful Post:
aammiitt (19th October 2008)
Sponsored Links
  #2  
Old 9th February 2008, 12:18 PM
Member
 
Join Date: Jul 2007
Location: Thane
Posts: 423
Thanks: 0
Thanked 1 Time in 1 Post
AmoghG is on a distinguished road
Default Re: Dp Haircut

Seconded. I also want to know about this.
Reply With Quote
  #3  
Old 9th February 2008, 08:41 PM
Member
 
Join Date: Feb 2006
Posts: 163
Thanks: 3
Thanked 10 Times in 8 Posts
doctorrahul is on a distinguished road
Default Re: Dp Haircut

Thanx for the support.
but how come nobody knows this DP HAIRCUT BUSINESS ?
Reply With Quote
  #4  
Old 9th February 2008, 09:07 PM
Member
 
Join Date: Oct 2007
Location: Trichur,Kerala
Posts: 183
Thanks: 56
Thanked 49 Times in 12 Posts
SMART_Trader will become famous soon enough
Default Re: Dp Haircut

When used in the context of exchange traded products such as stocks, options or futures, haircut is used interchangeably with the term margin. It is the amount of capital required by a broker to maintain the positions currently in a trading account. If haircut exceeds the account's capital, the broker can either require additional capital (e.g. margin call), or liquidate positions until the haircut no longer exceeds available capital.

[edit] Other us



http://en.wikipedia.org/wiki/Haircut_%28finance%29

Last edited by SMART_Trader; 9th February 2008 at 09:13 PM. Reason: spell
Reply With Quote
  #5  
Old 9th February 2008, 09:13 PM
Member
 
Join Date: Jul 2006
Location: Trichur,kerala
Posts: 103
Thanks: 2
Thanked 15 Times in 10 Posts
vsangeeth is on a distinguished road
Default Re: Dp Haircut

with sharekhan u have the option to trade with margin money....If there is n0 cash in your account...You can use your shares as margin and trade on the share value...
suppose you have zero balance in your sharekhan account...still you want to trade..You have some shares worth 10000 in your dp account....so you can use these shares as margin...
but sharekhan wont provide margin on full sharevalue...they always price in a correction of 40% on the share value and you can get margin only on the remaining amount...so your shares worth 10000 value is cut [hair cut] bt share khan and only the remaining amount ie 6000 you can get margin...

you cannot use shares on T'T SEGMENT TO GET MARGIN...


hope i've cleared your doubt
Reply With Quote
The Following 2 Users Say Thank You to vsangeeth For This Useful Post:
aammiitt (19th October 2008), Roops (4th August 2008)
  #6  
Old 9th February 2008, 09:16 PM
Member
 
Join Date: Feb 2006
Posts: 163
Thanks: 3
Thanked 10 Times in 8 Posts
doctorrahul is on a distinguished road
Default Re: Dp Haircut

Thanks friend for the help.
i post here what i found.
When used in the context of exchange traded products such as stocks, options or futures, haircut is used interchangeably with the term margin. It is the amount of capital required by a broker to maintain the positions currently in a trading account. If haircut exceeds the account's capital, the broker can either require additional capital (e.g. margin call), or liquidate positions until the haircut no longer exceeds available capital.

i think i have understood something. more inputs are welcome.

thanks once again.
Reply With Quote
  #7  
Old 9th February 2008, 11:49 PM
Member
 
Join Date: Jul 2007
Location: Thane
Posts: 423
Thanks: 0
Thanked 1 Time in 1 Post
AmoghG is on a distinguished road
Default Re: Dp Haircut

Thanks SMART_Trader and vsangeeth.
Reply With Quote
  #8  
Old 10th February 2008, 10:27 AM
Member
 
Join Date: Feb 2006
Posts: 163
Thanks: 3
Thanked 10 Times in 8 Posts
doctorrahul is on a distinguished road
Default Re: Dp Haircut

Thanks trade smart and vsangeeth.
Reply With Quote
  #9  
Old 30th July 2008, 06:52 AM
Member
 
Join Date: Dec 2007
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
akhil999in is on a distinguished road
Default Re: Dp Haircut

I left my ShareKhan site unopened for a long time.
Now it shows the names of about 10 Shares, and Before DP Haircut 2350/- , after
DP Haircut only 350/- (approx. figures).

1) Does it mean that due to my inaction during this period I have lost about 2000/- ?

2) I do not do anything on the ShareKhan site for long periods. Is it possible that
one day I might not only have lost my entire starting money (= 5,000/- that I
gave when opening the S'Khan accounts), but even become liable to pay some
thing more (to ShareKhan's or some other Bodies) ?

3) Can a completely ignorant and careless person loose more than his starting money ?
Reply With Quote
  #10  
Old 30th July 2008, 10:34 AM
Member
 
Join Date: Jan 2008
Posts: 47
Thanks: 26
Thanked 14 Times in 9 Posts
Tdarer is on a distinguished road
Default Re: Dp Haircut

Afaik, What vsangeeth has tried to explain is that if you want margin money on your shares then you can get margin worth only 350 rs only.
The value of your shares is 2350.

>I do not do anything on the ShareKhan site for long periods. Is it possible that
one day I might not only have lost my entire starting money (= 5,000/- that I
gave when opening the S'Khan accounts), but even become liable to pay some
thing more (to ShareKhan's or some other Bodies) ?
To lose money also, you need to make some efforts. so dont worry. just take care of your fixed and variable brokerage charges and account maintenance charges and charges under 'others' category.

>Can a completely ignorant and careless person loose more than his starting money ?
Yes, he can. Usu, you need to show only 5% margin for buying futures i.e. only 5 rs if you are purchasing worth 100 rs. so, if your loss is 50 rs, then you have to pay 45 rs more.

Cheers.!


Reply With Quote
Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +5.5. The time now is 12:07 PM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70