Is my broker fooling me???

M

MYBESTFUTURE

New Member
#1
#1
Hi Friends,

I am a medium to long term investor in market (in cash equity delivery), i dont know anything about derivatives and margins and i never go that side. The below statement i got yesterday when i left some amount in my demat.

What is meant by 'Margin Utilised upto T-1 : 66.00' in below statement. i never go for any margin trading but statement shows something like that.

PLEASE SOMEONE HELP ME TO UNDERSTAND THE MATTER HERE.

Thnx in Advance.
Santhakumar S



VENTURA SECURITIES LIMITED (CASH MKT )
MARGIN REPORT FOR: 13-04-2009

Party Code: 109S091 Name: SANTHAKUMAR S

Trade Date : 4/13/2009

Margin deposit upto T-1 (Cash) : 2,477.38

Margin deposit upto T-1 (Securities) :

Margin Utilised upto T-1 : 66.00

Margin deposit on Trading day (Cash) : 1,000.00

Margin deposit on Trading day (Securities) :

Margin adjustments for Trading day (NSE Cash) :

Margin adjustments for Trading day (BSE Cash) : 27.00

Margin adjustments for Trading day (NSE F&O) :

Margin adjustments for Trading day (BSE F&O) :

Margin status as on Trading day : 3,384.38
 
N

Northie

Member
#2
#2
I think this report is generated when we trade in derivatives but as you said you don't know derivative and hence don't trade in them then you should ask about it from your broker. They can better explain you.

PS: They are not fooling you. I have received such margin reports when trading in derivative but not in cash.
 
Last edited:
N

NOMINDTR

Well-Known Member
#3
#3
MYBESTFUTURE said:
Hi Friends,

I am a medium to long term investor in market (in cash equity delivery), i dont know anything about derivatives and margins and i never go that side. The below statement i got yesterday when i left some amount in my demat.

What is meant by 'Margin Utilised upto T-1 : 66.00' in below statement. i never go for any margin trading but statement shows something like that.

PLEASE SOMEONE HELP ME TO UNDERSTAND THE MATTER HERE.

Thnx in Advance.
Santhakumar S

Ask for the ledger page


VENTURA SECURITIES LIMITED (CASH MKT )
MARGIN REPORT FOR: 13-04-2009

Party Code: 109S091 Name: SANTHAKUMAR S

Trade Date : 4/13/2009

Margin deposit upto T-1 (Cash) : 2,477.38

Margin deposit upto T-1 (Securities) :

Margin Utilised upto T-1 : 66.00

Margin deposit on Trading day (Cash) : 1,000.00

Margin deposit on Trading day (Securities) :

Margin adjustments for Trading day (NSE Cash) :

Margin adjustments for Trading day (BSE Cash) : 27.00

Margin adjustments for Trading day (NSE F&O) :

Margin adjustments for Trading day (BSE F&O) :

Margin status as on Trading day : 3,384.38
Click to expand...

Ask them for the ledger page. There you can find really what is needed
 
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