Finvasia

[BlackPanther007]

Why is intraday leverage stopped for most of the stocks in cash segment ??

 

[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 one day before the expiry date.

• No fresh buying or selling will be allowed on the expiry date. You will only be able to close the open positions.

• As no auction window will be available on the expiry day. Client must close their open positions by 5 PM on the expiry day. All open positions shall be closed by RMS, in case client fails to close the positions.

• Margins will be as per the exchange, that is 100% margin + 1 Lac for the current month and 100% margin + Rs 50000 for other months onwards.

Please note, if Crude Oil crashes in a day :

a) In case crude oil crashes more than 50% in a day, client has to pay an additional margin of 50% of MTM failing which positions will be cleared by the RMS dept.

b) In case crude oil crashes more than 75% in a day, client has to pay an additional margin of 100% of MTM failing which positions will be cleared by RMS dept.

c) In case crude oil crashes more than 90% in a day, client has to pay additional margin of 125% of MTM failing which positions will be cleared by RMS dept.

Trading will only be allowed in NEST and ScalperT, not in BEST software.

Options expiry is 4 days before the crude expiry and all in the money options are converted in future, if client has sufficient margin in account.

No hedging benefits will be allowed as they not allowed by the exchange.

Thanks

 

[fxgood]

If we want to learn the art of misrepresentation, we can put finvisa as head of it

I was just casually checking their web support chat today, it seems they don't have most of products listed on their site and when queried about it "Jasmine" the support person told they me that they are updating their website, hence some product offering is no longer valid

 

[neo.mx]

For most of the cash stocks the leverage is now 1x for intraday. How long will you keep it that way?

I know SEBI has increased margin. But not to that extent so that you have to block full margin of the trade value.

 

[dpksingh571]

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 one day before the expiry date.

• No fresh buying or selling will be allowed on the expiry date. You will only be able to close the open positions.

• As no auction window will be available on the expiry day. Client must close their open positions by 5 PM on the expiry day. All open positions shall be closed by RMS, in case client fails to close the positions.

• Margins will be as per the exchange, that is 100% margin + 1 Lac for the current month and 100% margin + Rs 50000 for other months onwards.

Please note, if Crude Oil crashes in a day :

a) In case crude oil crashes more than 50% in a day, client has to pay an additional margin of 50% of MTM failing which positions will be cleared by the RMS dept.

b) In case crude oil crashes more than 75% in a day, client has to pay an additional margin of 100% of MTM failing which positions will be cleared by RMS dept.

c) In case crude oil crashes more than 90% in a day, client has to pay additional margin of 125% of MTM failing which positions will be cleared by RMS dept.

Trading will only be allowed in NEST and ScalperT, not in BEST software.

Options expiry is 4 days before the crude expiry and all in the money options are converted in future, if client has sufficient margin in account.

No hedging benefits will be allowed as they not allowed by the exchange.

Thanks

I have not been Receiving contract Notes from last 2 Days,Also mailed you for the same today but got no reply,can you please check what happened (FA14985)?

Sent from my Redmi Note 4 using Tapatalk

 

[neo.mx]

I have not been Receiving contract Notes from last 2 Days,Also mailed you for the same today but got no reply,can you please check what happened (FA14985)?

Sent from my Redmi Note 4 using Tapatalk

Same problem with my account. For last two days no contract note, no margin report. Not a good sign.

 

[Aman_trader25]

I have not been Receiving contract Notes from last 2 Days,Also mailed you for the same today but got no reply,can you please check what happened (FA14985)?

Same problem with my account. For last two days no contract note, no margin report. Not a good sign.

Really? I got margin files and contract notes for both days. did you check spam folder?

 

[Sunny_208]

I already have cdsl account but I don't see setup option

 

[dpksingh571]

Really? I got margin files and contract notes for both days. did you check spam folder?

After complaining they forwarded again,They did sent but i have not received for some mysterious reason(i checked all folders including spam) ,not sure what happened.

Sent from my Redmi Note 4 using Tapatalk

 

[Infooo]

Why you are not sending contract notes since Monday. Something fishy...