Comment on ZT-Spread Orders

Mk commented on 29 Jan 2015, 04:15 PM

Sorry to keep adding the questions but it is difficult to get straight forward info on Indian market trading costs

I guess what I am trying to calculate is (with this extra brokerage of INR800 per spread round trip + all the govt fees) what point move is required ( NIFTY spread) to make it worth while
Then I need to calculate no of spread contracts (because of you capped brokerage the break even might be better)
SO a exact worked example will be of great use in understanding
For example if say I am doing similar calender spread with S&P 500 E mini futures
For 1 spread RT ( 1 futures each)
Brokerage = say 0.7 $ x 4 = 2.80
Exchange fees $1.16x 4 = 4.64
Total = $7.44
1 tick movement in spread = $ 2.50
SO I need at least 5 ticks movement ( tick calculated of the spread not the individual contract)

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