As we are aware that with effect from 1st June 2020, NSE’s new Margin Policy Framework has structurally changed how margins are calculated. Therefore, margins for naked positions in F&O will require more margins and hedged positions will require much lower margins in comparison. Read what has changed here – NSE’s New Margin Policy Framework – Higher Margins For Naked Positions & Margin Benefit For Hedged Positions In F&O
We’ve implemented required changes at our end to benefiting from new margin policy, clients can avail order-level hedge benefit i.e. while placing hedged trades.
Without a basket order it is difficult to use hedging. All components of a position have to be taken simultaneously say at Market price (in the order of buy followed by a sell).
When is the basket order coming ??
Why don't you give same benefit in intraday?
@FYERS , @Tejas Khoday Congratulations and thank you for implementing this.
As it will help traders like me for trading in hedged positions in options selling with lower margin.
Now request is to start of Basket order Facility.
I have completed documents for opening new accounts in the name Tejal Fogla on 13th October but still login credential is not given to me till 17th Oct 2020. Your team Member Mr Ankit (+918709250926 ) is not responding and banging the phone while in conversation with him. Is this is the way you handle your new customer.
HI Deepak, I think you posted this message all over social media. We've checked this and have taken corrective action against the concerned person. There is no excuse for being curt and you're valuable to us.
Basket order is a must for option selling with hedging. Pls introduce this at the earliest. Also please consider tie up with sensibull for complete option tools and pay off charts and live trading.
@FYERS @Tejas Khoday
This is not working.. today I tried put order of 12050 CE Buy 750 quantity.... I bought it (margin order)
Then I wanted to sell 12000 ce short 750 qty... I put order also but it was saying fund limit insufficient...
I am having 424000 Fund in my account.... and as per span calculator margin required for this whole order is
But still my order is not going... so does it means your margin framework you implemented is not still working?
Request you to look into it..
Did you raise a ticket?
The excellant feature for all retailer traders thank u tejas khoday sir.this feature is increasing in trading power retailers
Look like Order-Level Hedge Benefit is blocked for now, Could not get margin benefit for option spread (capital of 50k) do you know when it will be open again.? its very necessary.
@Tejas Khoday Sir. Can you please assist.
Quote: "Here the Total Margin required will be just ₹28,517 instead of ₹1,33,000. Also, note that ₹4,762 premium will be received for selling the option. So technically the margin blocked will be around ₹28,030."
Query: I did not understand how you arrived at Rs. 28030 from Rs. 28517.
Harish
Is it for Intraday purpose or we can go positional with the same margin benefit
Hi @Jasbir Singh,
Basically, this was introduced by SEBI for positional and not for intraday. Thanks!