Trade Smart Online

[lemondew]

Hi TSO,

Can any initiative be taken to lower margins for spread orders. No low cost or any major broker does so. In butterfly the risk of loss is restricted to the cost of premiums. Still margin taken usually is of Rs 45000 for 1 butterfly plus the cost of premiums. Can the margins be reduced.
Note: The same is provided at US markets http://ibkb.interactivebrokers.com/article/603
Please also check http://www.cboe.com/learncenter/pdf/margin2-00.pdf
which is applicable at Us markets.

Thanks

 

[TradeSmartOnline]

Hi TSO,

Can any initiative be taken to lower margins for spread orders. No low cost or any major broker does so. In butterfly the risk of loss is restricted to the cost of premiums. Still margin taken usually is of Rs 45000 for 1 butterfly plus the cost of premiums. Can the margins be reduced.
Note: The same is provided at US markets http://ibkb.interactivebrokers.com/article/603
Please also check http://www.cboe.com/learncenter/pdf/margin2-00.pdf
which is applicable at Us markets.

Thanks

Hello lemondew,
Thanks for the sharing the links.

The margins however are decided by the exchange and not by the broker. So, we charge the amount prescribed by the exchange.

Moreover, as per the SEBI guidelines, any shortfall in margins calls for huge penalties.

 

[blisscapital]

Hi

Can we apply online for IPO/FPO etc through TSO? If yes, What is the process

 

[AnhatVatsal]

Traded for the first time with TSO....is the contract note sent daily on my registered mail id ?

Another trivia : Square off button did not seem to be working...is it intended to work like this or is there a procedure to activate it ?

Best wishes and happy to be trading with TSO ....The person Mr. Menon I have been interacting with is gem of a person....without getting unduly perturbed he helped me with the process of transferring funds....sent a video regarding the same...I like this customer centric approach of your organisation:thumb::thumb:

 

[TradeSmartOnline]

Traded for the first time with TSO....is the contract note sent daily on my registered mail id ?

Another trivia : Square off button did not seem to be working...is it intended to work like this or is there a procedure to activate it ?

Best wishes and happy to be trading with TSO ....The person Mr. Menon I have been interacting with is gem of a person....without getting unduly perturbed he helped me with the process of transferring funds....sent a video regarding the same...I like this customer centric approach of your organisation:thumb::thumb:

Yes, the contract note is sent daily on the registered email id.

Regarding the Square off button, kindly share the following
1. Your trading software (NOW or NEST). I think NOW but would like to confirm
2. The steps you followed to use the button
3. Did you select the position to square off before clicking on the button

 

[AnhatVatsal]

Yes, the contract note is sent daily on the registered email id.

Regarding the Square off button, kindly share the following
1. Your trading software (NOW or NEST). I think NOW but would like to confirm
2. The steps you followed to use the button
3. Did you select the position to square off before clicking on the button

Well you are spot on : the trading software is NOW

 

[timepass]

Am I seeing double double or does it really exist..??

Something similar in all the market watches... This one has only 12 scrips.

 

[TradeSmartOnline]

Hi

Can we apply online for IPO/FPO etc through TSO? If yes, What is the process

Sorry blisscapital, currently we are not the IPO/FPO facilities.

 

[TradeSmartOnline]

Well you are spot on : the trading software is NOW

The square-off button should work fine. We hope you are referring to the button on the Admin positions window (invoked by pressing F11). You'll have the select the position you wish to square-off before clicking on the button.

Please let us know in case you face any issues.

 

[TradeSmartOnline]

Am I seeing double double or does it really exist..??

Something similar in all the market watches... This one has only 12 scrips.

Hi timepass,
Not sure why these kind of things happen often on your pc. We haven't heard of anyone else facing similar issues. Maybe it has got something to do with your pc/OS. Have you tried using another pc or tried reinstalling your OS on the same pc?

Would also request other members to let us know if they face similar issues and we'll talk to the NOW team accordingly.