For Zero Brokerage Trading Visit tradeplusonline.com
banner

Intraday Product type CO/BO Blocked on the Budget Day – Friday, 1st February 2019.


Posted on 31-Jan-2019 Comments  0

Update @ 1 PM

BO/CO Order types now been enabled and MIS leverage has been restored to Normal Levels .


Dear Client  

      

Greetings from TradePlus !!! 


We wish to notify that, the announcement of the Union Budget 2019 on Friday, February 1, 2019. In anticipation of the increased volatility in the market, and better risk Control mechanism intraday leverage for the MIS product type will be reduced to 6 times for Equity, F&O and Currency segments will be revised to Span/1.5 times as against the usual intraday leverages.

 

Further, the intraday product type, Cover order (CO) and Bracket Order ( BO) will not be available for trading during the budget session and shall reset the margin requirements to normal as soon as the volatility subsides. This risk action will continue for two days that is on Friday 1st February 2019 and Monday 4th February 2019. 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 desk044-49427576, 044- 28214171 or Write to us at support@tradeplusonline.com 


Assuring the Best service Always.

Warm regards,

Tradeplus Team

 



 

 

 

user

Comment

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