In my case RTA is Karvy who took my Demat details from which they have gotten my Bank details for Interest credits. Now that since my Demat would be changed (Bank will remain same), would you ensure that the RTA has the updated details such that I won't run into major problem at the time of maturity?
Now coming to trading, particularly, intra-day scalping with cash deposit of Rs.8,50,000/- and x6 leverage which equals to Rs.51,00,000 for my position(s). Any hiccups on such Huge Margin provisioning (including high-leverage) for smooth Order Execution? I mean, how does your OMS perform? Are we high-volume friendly with good Float Margin to be In and Out at a snap using NEST Terminal?
I am asking because I have been petrified by your fellow Discount Broker-mates and have turned extremely skeptical. As a trader I want to trade only and not get worried for Server issues, which I think is Broker's facilitation and we pay to Brokers for that on trade-by-trade basis. If you analyze my past trades this FY, 6 of my big losses (not counting for last two years) are solely because of Broker's OMS failure which were profitable to begin with.
I do not want to run into the same situation again where I open an account, then when Market offers opportunity, my Order won't get executed because of system failure. Also while Exiting the same saga repeats penalizing me unnecessarily.
I am being honest and transparent, so does expect the same from your side? That's all....... Thank you very much!