faq

Product

What is NRML?

  • On May 16, 2017
  1. Full-form: Normal
  2. Used to trade in commodity, currency and Equity derivative segments.
  3. No leverage, it requires span plus exposure margin as per exchange stipulated norms.
  4. A trader/investor can take a position of the amount money he holds in his trading account.
  5. The product is specially designed for traders trading in derivative segment, who want to hold positions till expiry but can be used by intraday traders who doesn’t want extra exposure.
  6. In case of a shortfall in margin, it needs to be transferred to trading account before 12 PM (noon) on the next day. However, your position will be closed from the RMS end if the Mark-to-market value reaches 80%