Same Day Payment

Whenever an investor sells shares, he receives the payments in terms of T+2 basis, which means if an investor sells it on Thursday, he will get the money on Monday. Same day payment is a facility provided by the brokerages, as per which you can receive the money on that very same itself. Though these brokerages firms will charge you an extra charge for this facility, but if you are in a hurry then you can go for it.

Margin Plus Orders

‘Margin Plus Orders’, is useful for short term investors who want to make the most of instability of market. "Using this product one can place a 'book profit' and 'stop loss order' simultaneously. When one of the orders is executed, the reverse is cancelled," says Vishal Gulecha.

If you buy a stock at 100 and want to make a profit at 102, and keep a stop loss of Rs 98; in such a case, you can use ‘Margin Plus Orders’ that is once the stock reaches 102, the opposite order can be immediately upturned. On the other hand, if the stop loss order at 98 is hit, the sell order of 102 can be reversed.

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