ACHIIEVERS EQUITIES Loses its "Numero Uno" Position to Astha Trade

[sibu3168]

It is alright.

 

[ram2010]

@sibu3168

"Why do people are so interested in low brokerage?

Simply a foolish thing. "


The answer for this question is the same for the question
you asked

Your comparison is meaningless.

You are asking for span margin(for carry forward), which is against exchange rules.

Asking for low brokerage is a traders freedom.

 

[leoharee]

@ ram2010

Can you prove that they are violating the rules of NSE ?

I want you to explain that, there are chances that, the Capital Base
of Astha Trade is very huge, such that they can bear the requirements
of the Customer's Exposure Margin to increase their client base.

If they are violating the rules, I guess they would have been caught long back.

http://www.nseindia.com/products/content/derivatives/equities/margins.htm

Can you let me know where they have mentioned that Exposure Margin as
Compulsory ?.

I GUESS it states only Initial Margin as compulsory, as those
amount is A MUST to be deposited with NSE, while Exposure Margin is for the safety of the broker, deposited at broker level to ensure broker does not loose.

If u are fully aware of this system, please do let me know.

One more thing is, RMS of Astha square up on 80% of Margin Loss automatically. So they are taking a calculated risk for business which is
beneficial for me. So why pay more when I get at less rate. :thumb:

By the way, my statement is just an expression of opinion to Sibu3168 alone.
Hope I have

 

[ram2010]

@ ram2010

Can you prove that they are violating the rules of NSE ?

I want you to explain that, there are chances that, the Capital Base
of Astha Trade is very huge, such that they can bear the requirements
of the Customer's Exposure Margin to increase their client base.

If they are violating the rules, I guess they would have been caught long back.

http://www.nseindia.com/products/content/derivatives/equities/margins.htm

Can you let me know where they have mentioned that Exposure Margin as
Compulsory ?.

I GUESS it states only Initial Margin as compulsory, as those
amount is A MUST to be deposited with NSE, while Exposure Margin is for the safety of the broker, deposited at broker level to ensure broker does not loose.

If u are fully aware of this system, please do let me know.

One more thing is, RMS of Astha square up on 80% of Margin Loss automatically. So they are taking a calculated risk for business which is
beneficial for me. So why pay more when I get at less rate. :thumb:

By the way, my statement is just an expression of opinion to Sibu3168 alone.
Hope I have

Rms square up -fine if you ask for intraday.

But for carry forward - a big gap happens against your position(For most -astha clients), what will be the scenario?

iam not here to argue. Want to put up possible consequences.

 

[leoharee]

@ram2010

If huge gap down opening happens, the RMS will square up immediately.

The trader will be in debit balance. Either the trader has to pay back for the debit or Astha will hold lien or try some other means to recover the debit.

That would be the ultimate outcome.