For Zero Brokerage Trading Visit tradeplusonline.com
banner

Union Budget - Proactive risk control measures on Friday 5th July 2019.


Posted on 03-Jul-2019 Comments  0

Dear Client,

Greetings from Tradeplus!!!

We wish to notify that a full-year Union budget will be presented by the finance minister on Friday, July 5, 2019. In anticipation of the increased volatility in the market, and better risk Control mechanism we will be applying certain leverage restrictions on the intraday trading as proactive measures to control the volatility risk in the market. The measures are,

  • Cover Order (CO) and Bracket Order (BO)  will be disabled
  •  Product MIS Equity (Intraday)  will be reduced to – 6X
  • Equity/Currency Derivative margins (MIS) will be Span/1.5 x  of applicable exchange margins.

Further, we shall reset the margin requirements to normal as soon as the volatility subsides in the market.  Kindly take note of the same and also maintain adequate margin to take care of the increased volatility during the trading hours.

In  case of any query or clarifications,  Please contact our customer support desk 044-49427576, 044- 28214171 or  Write to us at  support@tradeplusonline.com.

 

With Best Regards

Tradeplus Team


user

Comment

Copyrights @ 2018 © Navia Markets pvt Ltd. All Right Reserved
Developed and content provided by  C-MOTS Infotech