pls explain about this plan

[gvrdaytrade]

hi all,

happy new year wishes to all!!!

pls explain below brokerage structure:-

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We would like to inform you that with effect from 1st January 2018, we are introducing the Minimum Aggregated Brokerage Criteria for all the clients for Equity trades in CM Segment

The Minimum Aggregated brokerage will be levied on the basis of below :

• • The minimum aggregate brokerage will be Rs. 25 per scrip exclusive of Goods and Services Tax per day for delivery trades in CM Segment, subject to regulatory caps, as applicable.
  • The minimum aggregate brokerage will be Rs. 15 per scrip exclusive of Goods and Services Tax per day for Intraday trades in CM Segment, subject to regulatory caps, as applicable.
  • If the aggregate brokerage calculated per scrip, as per the brokerage slab of the client, is less than Rs. 25/- for delivery trade and Rs. 15/- for Intraday then Rs. 25 for delivery and Rs. 15 for intraday trade will be levied, subject to regulatory caps, as applicable.
• ------------------

if we buy 1 qty in intraday then brokerage is 15/ rs ??
if we buy 1000 qty in intraday then brokerage is 15/rs ??

pls clarify.

 

[cloudTrader]

hi all,

happy new year wishes to all!!!

pls explain below brokerage structure:-

------------------
We would like to inform you that with effect from 1st January 2018, we are introducing the Minimum Aggregated Brokerage Criteria for all the clients for Equity trades in CM Segment

The Minimum Aggregated brokerage will be levied on the basis of below :

• • The minimum aggregate brokerage will be Rs. 25 per scrip exclusive of Goods and Services Tax per day for delivery trades in CM Segment, subject to regulatory caps, as applicable.
  • The minimum aggregate brokerage will be Rs. 15 per scrip exclusive of Goods and Services Tax per day for Intraday trades in CM Segment, subject to regulatory caps, as applicable.
  • If the aggregate brokerage calculated per scrip, as per the brokerage slab of the client, is less than Rs. 25/- for delivery trade and Rs. 15/- for Intraday then Rs. 25 for delivery and Rs. 15 for intraday trade will be levied, subject to regulatory caps, as applicable.
• ------------------

if we buy 1 qty in intraday then brokerage is 15/ rs ??
if we buy 1000 qty in intraday then brokerage is 15/rs ??

pls clarify.

The minimum brokerage has been mentioned in these lines but the actual brokerage after crossing the minimum limit has not been mentioned. So it clearly has hidden factor involved in it. Minimum will be levied and then over & above the minimum limit, calculations of brokerage will be made which are not mentioned in the above posted lines.