Trade Smart Online

LOGI

New member 1
Sorry but looks like we missed it when updating on the website. Will have it fixed. As of now we are not taking liquidbees for F&O margin either. Thanks for letting us know.
But can you please explain what is the reason..Every broker is allowing..Also Liquid Bees is very liquid and safe considered as Cash equivalent..
 
But can you please explain what is the reason..Every broker is allowing..Also Liquid Bees is very liquid and safe considered as Cash equivalent..
The interest from Liquidbees comes in the form of dividend units. To know which account the dividend should be credited to they check which demat account the Liquidbees units were at the end of the day. This means, the dividends would go to the Clearing Member which whom the units are pledged. The dividend units then need to be redistributed to the various clients. Currently, our backoffice does not have a provision to do that as these units are fractional units. Moreover, the daily interest rate was not available in the form of a file. So it had to be entered manually and hence prone to error. However, we'll check if there are any new developments which allow us to accept Liquidbees too for margin purpose.
 
Hello TheRenaissanceKid
Sorry we don't offer NOW anymore. We offer NEST (NOW is based on the NEST platform itself), Fox Trader and Dartstock. Dartstock has many rich features like
  1. Advanced charts: 4 chart types, over 50 indicators, 10 line studies
  2. Powerful Scanners: The scanners can be filtered by a pre-defined or user created watch list. Users can set any number of scrip specific alerts and view them all centrally under Alert Manager
  3. F&O analysis tool: Live Rollover, Option chain, OI Gainers & losers, PC leaders and laggards etc., Option variance and graphical representation of OI across strike price
  4. EOD analysis tools: Over 25 End of day reports to help users understand which scrips witnessed significant movement based on various criteria
  5. Customizable Workspaces: Users can create their own workspaces by combining different information windows
  6. Others: Preconfigured dashboards, Data visualization tools, News etc.
Please let us know in case you need any other information.
 

LOGI

New member 1
Hi
Our primary bankers are ICICI, HDFC, Kotak and Axis. With Yes Bank we are using their one product to give faster limits in case of NEFT/IMPS/RTGS transfers from the clients. However, we understand your concern. We are also looking for other banks offering similar products.
Have you guys stopped using this yes bank facility in light of latest developments today?
 
Have you guys stopped using this yes bank facility in light of latest developments today?
Yes. We have replaced it with an ICICI account. We had been working with ICICI for a similar product for some time and were about to make it live after minor tweaks. However, due to this latest event we are making it live earlier than planned. For NEFT/IMPS/RTGS please use the ICICI account in the below URL
https://help.tradesmartonline.in/how-to-use-neft-system-more-effectively-through-epay/