Let's take an example,
Suppose you have Rs 2.7 lacs in your account and you buy shares for delivery worth Rs 2.7 lacs. You have exhausted all your cash balance. Now if you need to sell futures or options you'll need additional balance which you do not have.
If you wish to sell futures to hedge your position you need a margin benefit during the trading hours (by intraday we did not mean intraday trading, just the english meaning of intraday). This benefit i.e. hedging of cash with futures or vice versa is something NOW is not providing. It is only providing margin benefit if your entire hedging is in the FNO segment only.
We are not sure we understand you properly. First you mentioned Religare, then Globe Capital and then Religare again. Moreover, if you are getting that benefit at Religare it's great for you.
We hope to serve you in future when this feature is available in the NOW.
Thanks,
SmartTradeOnline.in
Sir i have account with religare as we as globe ismein koi rocket science nahi hai i also i have some old accounts with india bulls when i started trading
Also i was looking to open an account with you any way i will give you collateral before asking you for margins in stocks i am not pulling your leg
So u can provide me margins
But the point is as of now u have to built some credibility here at traderji
just like zerodha and rksv you have to have some members giving feed back
and a good one
And if you are 18 years in business and technologically superior as your website proclaims then you need
to have your own software like ODIN or NEST and not rely on now which is very stupid hanging software only offering fast execution
But as of now your customer service is very prompt here i would say better then zerodha which was ahead of rKsv in responding to queries
of fellow members at TRADERJI
Now u need to have satisfied customers on the forum also to get some business out of the two of them Good Luck