Benefits of using NEST platform

  Sr. No Particular  NEST 1 Intraday Exposure Maximum of 30x for NSE equity cash, upto 7x for NSE FNO and 6x for Commodity 2 Exposure in equity delivery Available upto 4x for NSE Cash (EquiMax Funding Facility) Kindly note, EquiMax facility is temporarily suspended from 22-09-2017 till further notice. 3 Margin Against Shares Available in Cash, […]

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What is the margin shortfall penalty and how is it calculated?

As per SEBI regulations, margin shortage penalty is levied on overnight positions held in trading account without sufficient margin as prescribed by exchange.  For intraday positions shortfall margin penalty is not levied. It is levied in Equity Derivatives, Currency Derivatives and Commodity derivatives segments. How is the penalty calculated? If there is a debit balance per […]

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Reasons for payout rejections and partial payments

In case you requested for a payout but your request was only partially processed/rejected, below could be some of the reasons for the same. When you sell stocks in cash segment, the funds for the same are received from the Exchange on a T+2 (two days later) basis. Hence, the payout request for those funds […]

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What can cause a Short Delivery?

Let us take a look at a few scenarios with an example. Scenario 1: Stock hits an upper circuit You have short sold 100 shares of ACC in intraday (Product code MIS) expecting the price of ACC to come down during the trading day and make a profit. However during the day news broke out […]

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Where will I find the list of securities which are ban form trading in the FNO segment?

Check the following link for the list of securities which are ban from trading in the FNO segment http://www.nseindia.com/content/fo/fo_secban.csv

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What do the order product types MIS, CNC and NRML mean?

When placing an order, you need to select a product code. These product codes identify the category of the order. For example, you can place the below mentioned order types, CNC – For trading Equity in delivery MIS – For trading Equity & F&O in intraday NRML – For trading F&O, Currency and Commodities for overnight […]

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