Is offensive (Circular Trading) buy in current month derivative or MCX future contract and sell in next month future contact?

#1
Hi,

Please anybody could advice me about, buy in current month future contract and sell in next month derivative or MCX future contact. Will it come under Circular Trading?
But I hope, the brokers has filter or validation for the offensive trading orders from retail investors. Posible please give SEBI guildlines regarding offensive trading practices.

Kind Regards
Rajagopal
 

traderhardrock

Well-Known Member
#3
Though it is not illegal
but, if ur broker does not allow such trades, then it will be good to open an additional account with other broker to trade other leg.
 

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?