Please find our reply as below
1. 3:10 pm
2. Yes, Rs 20 per trade
3. Rs 400. However, sometimes there may be some offers going on. You may want to check with our team on the same at 022-42878000.
4. Yes, usually it is the same as mentioned on the website. In some cases we do provide a higher leverage too. But that is usually for BO and CO order types only. In certain cases we do block stocks for intraday trading but they are usually allowed for delivery trades. In certain cases we block in delivery too to protect our users. For example, we had blocked Laxmi Vilas Bank for delivery buying after moratorium was declared.
But in simple words, ADSL, AGRITECH are allowed for trading in MIS (intraday) too but with 1x exposure.
5. Risk in intraday is much lower hence many brokers provide higher intraday limits. However, leverage is a double edged sword. It becomes slightly tricky when using collateral for overnight long trades. In case of a sudden crash (like what we saw in March this year) first of all, the MTM loss comes because of one's long positions. At the same time, value of his collateral also go down. This acts like a double whammy. So in certain cases we charge a higher haircut. Also, this does not have anything to do with the new pledging mechanism. The new mechanism is primarily about the process.
However, it may not be applicable to the Bharat Bond ETF. We will what we can do here and come back to you.
1. 3:10 pm
2. Yes, Rs 20 per trade
3. Rs 400. However, sometimes there may be some offers going on. You may want to check with our team on the same at 022-42878000.
4. Yes, usually it is the same as mentioned on the website. In some cases we do provide a higher leverage too. But that is usually for BO and CO order types only. In certain cases we do block stocks for intraday trading but they are usually allowed for delivery trades. In certain cases we block in delivery too to protect our users. For example, we had blocked Laxmi Vilas Bank for delivery buying after moratorium was declared.
But in simple words, ADSL, AGRITECH are allowed for trading in MIS (intraday) too but with 1x exposure.
5. Risk in intraday is much lower hence many brokers provide higher intraday limits. However, leverage is a double edged sword. It becomes slightly tricky when using collateral for overnight long trades. In case of a sudden crash (like what we saw in March this year) first of all, the MTM loss comes because of one's long positions. At the same time, value of his collateral also go down. This acts like a double whammy. So in certain cases we charge a higher haircut. Also, this does not have anything to do with the new pledging mechanism. The new mechanism is primarily about the process.
However, it may not be applicable to the Bharat Bond ETF. We will what we can do here and come back to you.