Hi all,
I am having account with I.bulls and right now, I have started little in futures(I. day) through my RM.
While checking the ledger balance, M to M is not clear. I have a little idea but not thorough knowledge.and also please tell me how they calculate Profit & loss in futures. My RM was saying that they do some averaging of buying selling price and take 0.26% as brokerage part and then less that figure from the difference b/w buying & selling price and calculate the profit.
How much is cut in total for brokerage , stt, service tax, stamp duty.
Brokerage on F & O at I. bulls is 0.1%.
Can anyone please help me out.
Regards
I am having account with I.bulls and right now, I have started little in futures(I. day) through my RM.
While checking the ledger balance, M to M is not clear. I have a little idea but not thorough knowledge.and also please tell me how they calculate Profit & loss in futures. My RM was saying that they do some averaging of buying selling price and take 0.26% as brokerage part and then less that figure from the difference b/w buying & selling price and calculate the profit.
How much is cut in total for brokerage , stt, service tax, stamp duty.
Brokerage on F & O at I. bulls is 0.1%.
Can anyone please help me out.
Regards