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| Discuss GoodNews for Options traders. at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by rajib333 swagat, i am also very keen on the matter, but there ... |
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#41
24th January 2007, 07:41 PM
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Re: GoodNews for Options traders.
Quote:
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#42
25th January 2007, 08:25 AM
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Re: GoodNews for Options traders.
Hi Traders,
I understood from Religare Customer Relationship personnel that SEBI has fined the brokers who has violated the Circular. Regards Dhana
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#43
29th January 2007, 04:53 AM
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Re: GoodNews for Options traders.
I don't think big brokerage houses are taking SEBI seriously, Because Kotaksecurities is still charging brokerage on total turnover for Options.
In past Indiabulls, HDFCSEC, Karvy all these brokers were part of the Fake Demat account scam, So It is not that hard to believe that SEBI is always lagging in taking actions. They are like Moving averages, Always lagging in giving signals  regards neo
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#45
11th February 2007, 12:59 PM
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Re: GoodNews for Options traders.
Even Sha**Kh** has not switched to new brokerage. Their system is unreliable and expensive for options.Planning to switch to some other broking house.
I have been contacted by religare. Could someone please share their experience on religare ?? Thanks a lot krishna
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#47
11th February 2007, 07:51 PM
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Re: GoodNews for Options traders.
indiabulls is also charging according to old structure. I'm very much interested about reliance money & rk global. Plz inform about the brokerage stucture of the same.
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#48
11th February 2007, 08:01 PM
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Re: GoodNews for Options traders.
ICICI direct has begun to charge on the new structure.
http://content.icicidirect.com/mailimages/variable.htm Thanks
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#49
11th February 2007, 09:19 PM
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Re: GoodNews for Options traders.
HDFC has also started charging as per new structure. i.e 1 percent of premium or Rs.100 whichever is higher.
Last edited by ugb; 11th February 2007 at 09:25 PM.
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#50
12th February 2007, 01:29 AM
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Re: GoodNews for Options traders.
I got a message from Indiabulls as:
With reference to the circular no. NSEIL/LEGAL/8319/2007 dated 2nd January 2007 issued by NSE, please note that with effect from Monday, January 22, 2007, brokerage on options contracts will be calculated at the rate of 2.5% of the premium amount or Rs 100/- whichever is higher
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