It is very important for an Option trader to understand the STT (Security Transaction Tax) applicable in case he does not squares-off the position or if the position is exercised by the exchange for an ITM(In-the-money) option. Let us take the following two scenarios for better understanding of the STT charges. Scenario 1: Buy 1 […]
Category: Trading
Order rejected due to price freeze blocks margin. How to prevent from placing price freeze orders?
Go to ‘Preferences – User setting – Orders’. Enable price range for order entry window. This feature restricts from placing orders beyond circuit limit. Or check Lower/ Upper circuit limit for particular scrip/ contract before placing order.
Rejection Reason: RMS:Blocked for nse_fo TULIP/VIJAYABANK13JUL55CE broker-09643 block type: Non SQROFF.
Order got rejected due to scrip or contract being blocked by RMS for low volatility & volume in particular on previous day.
I am trying to trade in NSE scrips but my request is getting rejected, the message displayed on screen is RMS: Blocked for nse_cm NRML branch- WEB-09643 block type: ALL
Your order was rejected because you selected the incorrect product code for your order. The following product code should be used for trading different market segments. MIS : For intraday trading in Cash/Equity, F&O and Currency Derivatives. MIS stands for Margin Intraday Square-off. CNC: For Cash/Equity Delivery orders. CNC stands for Cash And Carry. NRML […]
Do you provide any Trading Tips?
No.
Is STT applicable on NCDs (Non Convertible Debentures)?
No.
If I short-sell a particular stock then before what time I should Square-off my position and what if I fail to do so?
You will have to square off your position before 3.15 pm. In case of failure to do so, Risk Management System will square off your order at any time after 3.15 pm if there are sellers available in the market. If no sellers available then it will be auctioned in case of equity cash and […]
What are the conditions for short-selling?
If you are taking an intraday short position in a stock then you will have to square-off your position before 3.15 p.m.
If I submit the Client Master of my demat account with another DP, can I trade BTST or can I sell a Delivery?
No, you cannot. For these you’ll need to have a demat account with us. Usually opening a demat account is recommended if you wish to trade in cash segment with us.
If I open a trading account, which segments can I trade?
If you open only trading a/c then you can trade in Futures & Options, Currency Derivatives and Commodities. To trade in equity you need to have demat account with us.