Wisdom Capital : Free Trade & Investment Zone.

When you say "CO", you mean BO too ??
Margin is being provided as per your trading plans as per the following :-

1. Freedom Plans :

NSE & MCX Futures Margin : CNC - 1X, MIS - 2X, CO - 10X . Options : 1X . Equity Cash : MIS 5X. Delivery 1X


2. Add Ons (Pro Plans)

NSE & MCX Futures Margin : CNC - 1X, MIS - 8X, CO - 20X . Options : Selling 8X, Buying 1X. Equity Cash : MIS 40X. Delivery 10X (Upto)

2. Add Ons Plus (Ultimate Plans)

NSE & MCX Futures Margin : CNC - 2X (Span only), MIS - 8X, CO - 20X . Options : Selling 8X, Buying 1X . Equity Cash : MIS 40X. Delivery 10X (Upto)

Hope this clear your doubts.

regards
 

Wisdom Capital

Well-Known Member
When you say "CO", you mean BO too ??
No sir, since we are offering maximum exposure in MIS we do not offer BO as MIS product is widely accepted by most of the active traders.

Its a well known fact that chances of winning ratio in a particular trade is higher in MIS product rather than CO or BO. In Margin Intraday Square off (MIS) product there is no restriction of compulsory stops or partial profit booking or placing multiple targets or stops unlike CO or BOs.

Regards
 
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pannet1

Well-Known Member
Margin is being provided as per your trading plans as per the following :-

1. Freedom Plans :

NSE & MCX Futures Margin : CNC - 1X, MIS - 2X, CO - 10X . Options : 1X . Equity Cash : MIS 5X. Delivery 1X

2. Add Ons (Pro Plans)

NSE & MCX Futures Margin : CNC - 1X, MIS - 8X, CO - 20X . Options : Selling 8X, Buying 1X. Equity Cash : MIS 40X. Delivery 10X (Upto)

3. Add Ons Plus (Ultimate Plans)

NSE & MCX Futures Margin : CNC - 2X (Span only), MIS - 8X, CO - 20X . Options : Selling 8X, Buying 1X . Equity Cash : MIS 40X. Delivery 10X (Upto)

Hope this clear your doubts.

regards
can anyone advise how much margin will be needed in wisdom capital for Ultimate Plans for the below

AA)
NIFTY
April Futures
Price: 9101.60

Span
Rs: 34,124

Exposure margin
Rs: 20,478

Total margin
Rs: 54,602

Total margin
Rs: 67,540

BB)
NIFTY 27-April
Calls 9100 Strike Price
Sell 75 Nett. Quantity

Span
Rs: 31,695

Exposure margin
Rs: 20,352

Premium receivable
Rs: 11,145

Total margin
Rs: 52,047
 

Wisdom Capital

Well-Known Member
can anyone advise how much margin will be needed in wisdom capital for Ultimate Plans for the below

AA)
NIFTY
April Futures
Price: 9101.60

Span
Rs: 34,124

Exposure margin
Rs: 20,478

Total margin
Rs: 54,602

Total margin
Rs: 67,540

BB)
NIFTY 27-April
Calls 9100 Strike Price
Sell 75 Nett. Quantity

Span
Rs: 31,695

Exposure margin
Rs: 20,352

Premium receivable
Rs: 11,145

Total margin
Rs: 52,047
you can carry the trade on the basis of span margin only.

:)
 
No sir, since we are offering maximum exposure in MIS we do not offer BO as MIS product is widely accepted by most of the active traders.

Its a well known fact that chances of winning ratio in a particular trade is higher in MIS product rather than CO or BO. In Margin Intraday Square off (MIS) product there is no restriction of compulsory stops or partial profit booking or placing multiple targets or stops unlike CO or BOs.

Regards
The point is, despite the advantages of MIS, CO is on offer, right ? So why not BO so that a trader can at least have the entry of his choice rather than a market order ? Whatever logic applies to CO (whether for or against), would also apply for BO so why not offer BO too ?
 

Wisdom Capital

Well-Known Member
The point is, despite the advantages of MIS, CO is on offer, right ? So why not BO so that a trader can at least have the entry of his choice rather than a market order ? Whatever logic applies to CO (whether for or against), would also apply for BO so why not offer BO too ?
BO is an algo product and we need to pay software vendor for each trade. Now we are offering lifetime brokerage free plans. This contradicts with our business interest. However we are considering offering BO under Pro Plans shortly.