pricing very complicated...
edit :
OK so 1 bps is 0.01 %
above 10lac 2 bps
Min 6 and max 20
Up to per order value of INR 1,000,000 for stocks. Portion of order above INR 1,000,000 will be charged 2 bps.
so above 10 lacs Rs 40 per trade ? confusing ...
again people can split the order to save the cost ? 10 lac is big number for stocks ?
Is this 10 lac thing applicable for F&O ?
for F&O
- For first 100 lots of futures and options. Portion of order above 100 lots will be charged at INR 5 per lot.
so people can always split the order to remain below 100 lot per order and good ??
Anybody who has better understanding please explain