Finvasia

Finvasia

Well-Known Member
Sounds interesting!

As you are a new broker and I believe you must be agile enough, please consider to tie up with some bank for a true 3 in 1 account.

Also do you provide limits to trade in options BUYING based on collateral?


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Hi @milkyblack, Thanks! We've noted your suggestions. Please note, pledge margin can only be used for option selling. Regards
 

brokenbull

Well-Known Member
hi finvasia
you should clarify once for all what "pledged margin " can & can not be used ! otherwise people will send you fresh doubts from their phone.
1)Pledged margin can beused for "intra day "stock trading or not ? (of course not for CNC overnight stock buying )
2) PLEADGED Margin can not be used for intraday call option "buying "? overnight buying of options is ruled out ofcourse but even for intra day option buying ?)
3) pledged margin can be used for naked option selling/ "credit spread optionselling ?& stock/index/commodity/currency futures right?
 

milkyblack

Well-Known Member
Hi @milkyblack, Thanks! We've noted your suggestions. Please note, pledge margin can only be used for option selling. Regards
Thanks for the clarifications. Please incorporate option buying also using pledged shares.

SAMCO allows this along with other older brokers (not discount brokers) so I guess SEBI allows this and is dependent on broker to broker.


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Vmaster369

Well-Known Member
We’re excited to announce the launch of our new trading platform Shoonya.

Coming to you this Diwali. Stay tuned for updates!


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Shoonya means our capital goes to shoonya when we buy option lol

Come on name could have been like fire cracker like in harsha mehta days GROWMORE or HigherForHigher

Nest is best trading terminal as backup scalperty works good too on mobile.

Only missing thing in Finvasia is Backoffice
When you are going to give us world class back office that gives us exact P/L with STT and all charges correctly that we could submit to tax walla babu directly.


we need GOOD BACKOFFICE as diwali gift ^^^

Secondly how do i do Pledge in finvasia ?
website: https://eservices.nsdl.com/
by that site or can u give me link or youtube video how to do it in finvasia
and how do unpledge share ?
 
Last edited:

Finvasia

Well-Known Member
hi finvasia
you should clarify once for all what "pledged margin " can & can not be used ! otherwise people will send you fresh doubts from their phone.
1)Pledged margin can beused for "intra day "stock trading or not ? (of course not for CNC overnight stock buying )
2) PLEADGED Margin can not be used for intraday call option "buying "? overnight buying of options is ruled out ofcourse but even for intra day option buying ?)
3) pledged margin can be used for naked option selling/ "credit spread optionselling ?& stock/index/commodity/currency futures right?
Hi @brokenbull, please note:
1. Yes, pledged margin can be used for intraday trading in stocks
2. No, pledged margin cannot be used for buying options (intraday and overnight)
3. Yes, pledged margin can be used for all kinds of options selling.