What are charges for using trading software?
What is MTM Square off percentage?
The MTM square off % is determined by the Risk Management team at HENSEX.
If MTM level breaches 60% to 80% of the available cash margins. The risk team would square off the complete position of the client with/without intimating the clients. It is applicable to both Basic & Premium Clients.
What is Exposure on cash segment?
The Exposure limit is multiple of the amount that is held by client in their ledger. The value of multiple is decided by the Risk Management term at HENSEX. Please refer table (click to redirect the pricing page) for multiple available in normal market conditions. RMS team will square off all open positions under the Intraday order anytime during last 30 minutes of normal market closure timing. Place an order using Delivery if you wish to hold stock overnight. The full amount of margin is applicable at the time of the order and HENSEX will not square-off the position.
What is Exposure on derivatives segment?
When you open an account with HENSEX, initial margin required for Basic Plan is ₹5000, for Premium plan is ₹10000 and advance . It is advisable that you keep adequate funds in your account for trading. This will enable you to trade on go and not miss any opportunity in market.
Equity Delivery :
• STT is 0.10% only on Turnover.
• Transaction charges are .00325 % on Turnover under NSE.
• Stamp duty is 0.01% on Turnover.
• SEBI fees of ₹15 per crore on Turnover.
Options :
• STT is 0.05% only on Sell Side Turnover.
• Transaction charges are .05% on Turnover.
• Stamp duty is 0.0024% on Turnover.
• SEBI fees of ₹15 per crore on Turnover.
OPTIONS :
• NSE-Currency transaction & clearing charges are .060% on Turnover.
• SEBI fees of ₹15 per crore on turnover.
NCDEX Commodity Future :
• CTT is .05% only on sell side Turnover.
• Transaction charges are .0026 % on turnover.
• Stamp duty is .006 % on turnover.
• SEBI fees of `15 per crore on Turnover.
Futures :
• STT is 0.01% only on Sell Side Turnover.
• Transaction charges are .0019% on Turnover.
• Stamp duty is 0.012% on Turnover.
• SEBI fees of ₹15 per crore on Turnover.
Currency Future :
• NSE-Currency transaction & clearing charges are .0009% on Turnover.
• Stamp duty is .0012% on turnover.
MCX Commodity Future :
• CTT is .01% only on sell side Turnover.
• Transaction charges are .0026 % on turnover.
• Stamp duty is .0012 % on turnover.
• SEBI fees of ₹15 per crore on Turnover.
What are charges for using trading software?
• HENSEX Web & HENSEX Wave trading software is completely free.
• HENSEX Diet(Desktop) Charges are mentioned below:
Equity Intraday :
• STT is 0.025% only on Turnover.
• Transaction charges are .00325 % on Turnover for NSE.
• Stamp duty is 0.02% on Turnover.
• SEBI fees of ₹15 per crore on Turnovers.
DIET charges — (Rs. 250/- + GST) per segment per month.