Comment on MCX - Profit/Loss for every 1 Rs change

Shiv commented on 11 Jan 2017, 01:47 AM

My coust id is AS2581 i have bought 1 crude mini lot as normal and on that day i suffered a loss of 510 and the trade squared off. I have following question regarding this :

1) Since i bought as normal why it would get automatic squared off ?
2) they told due to insufficient fund..Why the questions of insufficient fund arises since i have paid the full amount at the time of buying it…if i have a loss today it should not get booked until and unless the expiry date comes?
3) what is the benefit of NRML over MIS? why anyone chose NRML if it would sq off?

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