07.05.

2021

Margins/Exposure/Limit/Leverage- It is a Kind of a short term loan by the broker.

Ashutosh wants to Buy a Car

5 LACS
11 Lacs

6 Lacs Margin(Funding)
5-----------------------------------11 Lacs.

**Margins are only for Intraday Trade.

Equity Intraday- Margin is 5 Times on FNO Listed Stock.

* 5 times is multiplied by amount whatever is there in the Trading Account.

Trading Account (without Margin) Trading Account with Margin(5Times)

2000 Rs (You can use only 2000) 2000( U can use 10,000)

Sun Pharma Costing 100 per share Sun Pharma Costing 100 per share

20 Shares (2000/100) 100 Shares(10000/100)

Profit of 15 Rs Per share Profit of 15 Rs Per share

Total Profit 300(20*15) 1500 (100*15)

Objective of Giving Margin- Margin is given to customer so that he can buy more
shares and make
more profit, when customer trades Broker makes the brokerage.

Shares Bought 100 Shares costing 10,000 (2000+8000 (Upstox))

Sold 100 Shares @ 115= 11500-8000= 3500(2000+1500 (profit))

* So if a Customer Faces 80% loss on his Trading Amount deal gets squared off. Loss
will be
beared by the customer. Upstox will not bear loss on the exposure amount given.

2000*80/100= 1600

Shares Bought 100 Shares costing 10,000 (2000+8000 (Upstox))

So if the MP of Sun Pharma comes to lets say 84 Rs per share (100-84)= 16*100=
1600

He has to sell at 100 shares @ 84= 8400- 8000= 400(2000-1600)

Customer has the option of converting Intraday to Delivery. In this cas customer
will have to
maintain full 10,000 Rs in the account before Auto Square off timing and his
position will get
converted from Intraday to Delivery.
Customer will pay 10,000(8000(Upstox) and his position will be converted.
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Futures, Currency Futures, mcx future Margin is 2 Times.

Customer has to pay Carry Forward Margin to enter Future Contract. CF Margin is
decided by
Exchange and when we are calculating Margins on Future it is always calculated as
CF Margin/2.

CF Margin= 100,000 Customer wants to enter Future Intraday how much he has to keep.
CF/2= 100,000/2= 50,000(Customer)+ 50000(Upstox)

Here also customer can convert his postion from Intraday to Delivery. Customer has
to put full
1 Lacs out of this 1 Lac Upstox will take 50,000 and his position will be converetd
from
Intraday to Delivery.

*Currency Option No Margin not on Buy not on sell.

*MCX Options No Margin not on buy and not on sell.
*Index option/Stock Option on Buy no Margin.
*Index Option/Stock Option 2 Times Margin on the sell side.

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Customer will ask help me with Escorts Futures or USDINR or lets say any Commodity
Crude Oil.

q. Sir/Madam please help me with the expiry that you are looking for.

If it is Stock Future/Index Future refer F&O pdf. If is is Currency Future refer

CDS pdf. If it
is commodity future refer MCX pdf.

Sir/Madam if you want to enter _____Contract, exchange demands (Read CF Margin

Amount).
If you want to be in Intraday Trade Upstox provides you with 2 times you will have
to pay (Read
the Intraday Margin Amount). Sir/madam you can convert your position from Intraday
to Delivery
by paying (Again read the CF Margin Amount). Sir/Madam if you dont convert your
position or do
not fund the account before Auto Square off timing RMS Team will Auto Square off
your position
and you will have to pay Auto Square off charges over and above Brokerage Charges.
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Short Sell allowed in Equity Intraday and all Future Contracts. This is called as
Reverse
Order. Short Sell you cannot convert your position from Intraday to Delivery. Short
sell not
available for Equity Delivery.

ACC Cements MP- 200, 199, 198, 195,190- Price is going down.
Customer Buys at 200 and then sells at 190- loss
Customer can place a sell order first and then Buy order when the Market price is
going down.
SP= 200 BP= 190 Profit of Rs 10.
Square off means making the position to 0.

Customer places sell order for 100 Shares @ 200= -100 (Order Book)
Customer has to place bUy order for 100 shares @ 190= +100 (Order Book)

Stock Future sold it @ 50000 MP 300

Stock Future Buy it @ 45000 MP 284

* If a Customer analyses that Market price of a share will go up that is Bullish.

He will place
Buy order First and then Sell Order.

* If a Customer analyses that Market price of a share will go down that is bearish.
He will
place a sell order first and then Buy order.
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Special Order-
*It is only and only Intraday Order.
*The position cannot be converted from Intraday to Delivery.

There are 2 Special Order

1. Cover order
2. Bracket Order also Known as One Cancel Other order.

Cover Order It is 2 Legged Order

1. Customer can buy at Market Price or Limit Price. This is the 1st Leg. Limit
Price is lower
than the Market Price.
2. Customer can put a Stop Loss. This is the 2nd Leg. SL means Limiting your loss.

Fire
A---------------- ---------------------B

Customer Buys at 200

Rate can come down to 196,195,190,180-
SP= 180 Loss of 20 Rs per shares. 1000*20= 20000
SL= 194 Loss of 6 Rs per share 1000*6= 6000
SP= 194 BP= 200, Loss of 6 Rs per share.

Bracket Order also Known as One Cancel Other Order.

It is a 3 legged Order.

1. Customer can Buy at Limit Price(Lower than MP) OR SL Limit Price(Higher than MP)
2. Trailing Stop Loss
3. Target Sell

Customer bought at SL Limit Price 400 MP, 402 Bought. Target 425
Trailing SL 395- 7 Rs difference this will be maintained always.

MP= 402, 405, 407, 410, 418, 423, 420, 418, 417, 416
Trailing SL= 395, 398, 400, 403, 411, 416, 416, 416, 416. 416
SP= 416
BP= 402
Profit= 14 Rs per share.
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Fund A
fUND B
Fund c

7 th May
10 am Fund A--------------- 18.50+GST
11 AM fUND B 18.50 +GST
12 PM Fund C 18.50+GST
1 PM yo sold Fund A----------0
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Collateral Services- Pledging of Shares of the Customer by the Broker.

*POA Mandatory
*CNX 200 Stocks can be Pledged.
* 25% Hair cut on these stocks. If Customer is having 100000 worth of shares Limit
will be set
for 75,000/-. this amount does not come in Trading Account.

* There will be pledging charges applicable which is 50 Rs +gst per scrip.

* The Limit can be used only for Intraday Trade
* Cash to collateral Ratio should be 1:1 which means customer can use that amount
from the
limit whatever is available in the Trading Account.
*Unpledging of shares this also is chargeable which is 50 Rs+gst per Scrip

* Customer is free to sell the shares. Whatever limit he has used that amount will
not come at
that time but will come once trade is settled.
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Margin Trading Facility MTF which is only for Equity Delivery

1. CNX 200 Stock

2. 2 Times Margin
3. Upstox will give MTF Facility for 30 Days.
4. Customer has to pay daily charges which 20 Rs for every 50,000 used.
5. In MTF Brokerage charges applicable which 20 Rs or 0.10% which ever is lower on
per order
executed.
6. If customer does not pay Upstox back on the 30 Day before 2:30 pm.
a. RMS Team will Auto Square off the position and Auto Square off charges
applicable.
b. DP Charges 18.50 +gst per scrip per day.
c. Selling Side Brokerage charges

7. If customer pays on 30th day or before that then no Auto Square charges, no DP
Charges, no
selling brokerage.
8. One customer can use maximum 5 Lacs Limit only.