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What is NRML order and how it works?
NRML stands for Normal order, at times called regular margin orders. NRML orders are available for equity and currency derivatives segment. NRML allow...[details »] |
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What is Cover Order and how it works?
Cover Order (CO) is order where you can place normal buy or sale order at market rate along with position off-setting Stop Loss order. Instead of plac...[details »] |
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What is MIS order and how it works?
MIS stand for Margin Intraday Orders. MIS is leveraged order and used by clients to leverage their available margin for doing intraday square off trad...[details »] |
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What is CNC order and how it works?
CNC stand for Cash and Carry. CNC is non leveraged product. When you buy stock and hold it overnight, it is called a buy delivery trade. Similarly, wh...[details »] |
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What is margin shortfall penalty and how it is charged?
When available margin at the end of the day becomes less than margin obligation on carry forward position in Currency and Equity Derivatives segment i...[details »] |
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When and which intraday trades are squared off?
All intraday position/trades resulting from order type MIS and CO will be squared off at pre specified time say 03:15 pm for equity and equity deriva...[details »] |
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How Mark to Market loss result in square off of position?
Position will be squared off upon mark to market loss reaching 70 percent of available margin in client account with ProStocks. E.g. Client having ava...[details »] |
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How Delay charges are calculated and rate thereof?
Payments for all purchases and charges become due on trade date. Delay payment charges @2% per month are debited for actual number of days and amount....[details »] |
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How exposure will be given against margin for trade across different segments?
Generally the following exposure will be given. Exposure and permitted stocks may vary on volatile days from beginning of the day and during the day:
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