RocketProduct Update

Interoperability feature now Live in Rocket

What is Interoperability ? 

Interoperability allows a broker to clear and settle his trades through a single clearing corporation. This means that if a client of a broker buys a particular scrip in one exchange and sells the same scrip and same quantity on another exchange during the day, such trades would now be netted and considered as intra-day trades and no margins would be applicable on such trades.

Interoperability is now LIVE in our ROCKET trading platform. This means that as a client you can buy a security in NSE and sell the same in BSE during the day based on where you get the best deal. Such trades would be netted for the purpose of margins.

Currently we are extending this facility for Equity Spot and by end of June 2021 we would launch the same for Currency Futures also.

Happy Trading,

Team Tradeplus

What is Interoperability ? 

Interoperability allows a broker to clear and settle his trades through a single clearing corporation. This means that if a client of a broker buys a particular scrip in one exchange and sells the same scrip and same quantity on another exchange during the day, such trades would now be netted and considered as intra-day trades and no margins would be applicable on such trades.

Interoperability is now LIVE in our ROCKET trading platform. This means that as a client you can buy a security in NSE and sell the same in BSE during the day based on where you get the best deal. Such trades would be netted for the purpose of margins.

Currently we are extending this facility for Equity Spot and by end of June 2021 we would launch the same for Currency Futures also.

Happy Trading,

Team Tradeplus

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