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  1. Finvasia

    Finvasia

    Dear TJ Members, Amid ongoing market volatility and in reference to the recent SEBI and Exchange circulars, we are updating our internal policy on Demat Accounts. It will be compulsory for all our existing clients, trading in Equity Futures & Options, to have a Demat Account. Further, all new...
  2. Finvasia

    Finvasia

    Hi @kickass, Yes, you can place spread order from NEST Order and Trade window, either execute buy leg or sell leg first. Both options are available. Thanks
  3. Finvasia

    Finvasia

    Hi @curiousv, We would advise to pay and update us well in time in case you plan for delivery. We do try to reach but in case we are not able to connect, RMS may close the positions as per policy. Thanks
  4. Finvasia

    Finvasia

    Hi @dpksingh571! Quarterly settlement is calculated on rolling over basis from your account opening date/month. For cash balance, we can hold upto 125% of your overnight position on the settlement date. Rest all shall be blocked in the morning and payout shall be processed. Kindly Inbox us...
  5. Finvasia

    Finvasia

    Hi @curiousv! In this case, options got converted ITM at expiry day. We do try to reach the client and ask them to transfer funds before 2 PM, if interested. Post that, we close all the open positions. In case the client is not available and RMS does not have funds confirmation, the position...
  6. Finvasia

    Finvasia

    Hi @ScalpTrader, Thank you for the feedback. We've passed on your suggestions to the concerned team.
  7. Finvasia

    Finvasia

    Dear TJ Members! Trading in Crude Oil contracts will resume from Monday 18th May, 2020 • MIS, CO, BO order types will be blocked for now. Only NRML orders shall be allowed. • Only current month and next month contracts shall be opened. • Crude Oil futures will be available for trading till...
  8. Finvasia

    Finvasia

    For intraday, you can sell shares only on the exchange where you bought them. Example: If you bought shares on NSE in MIS, then at the time of auto square off, the shares will be sold in NSE.
  9. Finvasia

    Finvasia

    There are two charges. SEBI short margin penalty: Below is the circular for your reference. https://www.sebi.gov.in/legal/circulars/aug-2011/short-collection-non-collection-of-client-margins-derivatives-segments-_20439.html We charge 2% per month for the debit balance. The same is mentioned...
  10. Finvasia

    Finvasia

    If you are fully using the margin from the available collateral (cash and stocks), then MTM loss has to be paid in cash extra.
  11. Finvasia

    Finvasia

    For clarity, we have made this image to explain the options. Exchange needs upfront margin to buy Futures whereas pay out for option selling is to be considered for T+1 margin. So, no margin required trading intraday but for overnight position you should consider opening available margin only...
  12. Finvasia

    Finvasia

    Yes, stocks bought on NSE shall be sold on NSE and similarly in BSE.
  13. Finvasia

    Finvasia

    Yes, you can trade this on NEST in MIS.
  14. Finvasia

    Finvasia

    Hi @HappyLife! Please refer to our reply here: Please note we are reviewing our RMS policy on Crude Oil based on market conditions and system's ability for negative trade and settlement price. We will update once there are any changes.
  15. Finvasia

    Finvasia

    Hi @curiousv! As per SEBI, client has to clear debit on T+5 day else we need to stop trading services in all segments. In case your MTM is negative, you are required pay the debit amount, else the collateral of the same amount shall be sold on T+5 day. The interest is charged if you are...
  16. Finvasia

    Finvasia

    Hi @MEZH! NEST is a third party software and it does not support trailing stop loss in CO. However, you can add trailing stop loss in Bracket Order.
  17. Finvasia

    Finvasia

    Hi @imurvrtrader, to activate a segment, you need to open a "Reactivate Trading Account" ticket in Prism. Thanks
  18. Finvasia

    Finvasia

    CCA is used if the client wants to take margin against shares. There is no interest for using your own shares for trading. The shares which you transfer to our CCA are pledged to NSCCL for margin.
  19. Finvasia

    Finvasia

    There is no interest for margin against shares in CCA.
  20. Finvasia

    Finvasia

    Yes, that is correct.