Comment on ZT-Spread Orders

hussain commented on 31 Aug 2015, 09:37 AM

hi,

i tried to enter spread contract. Take a example.

1) buy 1 lot futures September 2015 price 7980
sell 1 lot futures october 2015 price “blank” (since i am unable to enter price in spread contract)

order is rejected giving reason “price difference out of operating range.

2) i then tried 2L contract and it is also cancelled immediately (may be because nifty moves so fast that amount i entered does not take place immediately). I tried to buy at Bid and sell at Ask price.

3) one more query. is the margin amount required is same in spread and 2L contracts????
in the above example, buy 1 contract september and sell 1 contract october, span calculator shows margin of approximately Rs 4,000.

This mean margin will be same in spread as well as 2L contracts????

Regards
Hussain

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