Achiievers Equities

Re: Jahangir_alam

@avijit_trade,
To trade in Currency segment you need to open a currency a/c with AEL.If you are existing a/c holder in Equity segment then you need to fill up Segment Updation Form along with brokerage approval Form..


Happy Trading !!!
If I opt for MVP, then currency segment is included in it or brokerage will be in addition to it. If in addition, then what is additional brokerage. Please reply.
 
Re: Jahangir_alam

@avijit_trade,


Cover order product such an unique kind of product it's exposure depend on underlying SPAN Margin requirement for Future trading.
Basically One gets leverage 1.6-6 times for example...

For Nifty Future Margin requirement 8% in such cases customer gets exposure 1.6 times because our system block only 5% margin (exposure=Nifty SPAM Margin/5%).

Another example :

If XYZ underlying margin requirement is 25% then customer gets exposure upto 5 times (25/5).


For cash segment intraday trading customer gets 20 times exposure default.

Note:This product is applicable for only those stocks traded NFO segment.


Happy Trading !!!
I suppose, cover order for future trading is meant for intraday only. What is the cut off time.
Please explain the working of CO for NF taking 8500 as LTP to initiate a trade. What will be the margin for 1 lot and stoploss levels etc.
Similarly, post some examples for cash segment also. Taking 1000/500 as LTP for some XYZ scrips. What will be total amount required to initiate a trade, how many scrips will be allowed (max limit) and stop loss etc.
Thanks
 

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