How usually is curiosity charged on MTF positions?
Just a few queries :
MTF to supply conversion
Pledged margin from MF UNITS/ SHARES IN DEMATto be used for MTF trades ?
Are the 2 above talked about options a part of To do checklist in future? As within the MTF weblog it’s clearly talked about, Mtf to supply conversion will not be allowed.@VenuMadhav @siva
Are the 2 above talked about options a part of To do checklist in future?
Sure, we are going to permit each in future. For now they don’t seem to be availbale.
The difficulty has been resolved. CCs and different Market Infrastructure Establishments (MIIs) have rolled again the direct payout implementation
It could sound bizarre, however I don’t have an iota of belief in CC’s direct settlement. The prevailing mechanism is much better and I atleast can ask my brokerage to resolve, in case of any clarifications or issues.
The extra centralized stuff turns into, the extra irresponsible, gradual and inefficiencies reek in.
I’ve crammed type by way of the identical , however not but obtained any reply , it’s very long time to go , do needful sir
They’re planning to launch MTF for everyone in November itself, with the prolonged checklist of scrips. Keep put for one more 2-3 weeks.
I’ve tried the beta, appears to be like like an excellent product. A primary step in the precise route.
Will you add extra customers to MTF beta or will you wait until mass rollout? I utilized final week utilizing google kinds!
@james_15 @anupgnair We’ve already enabled MTF on your IDs and despatched a Kite notification; please open the order window on the Kite net and verify. MTF on the Kite app is coming in every week or so.
Please launch the app updates as early as doable. Most awaited characteristic on kite cell app.
Tax p&L for mtf place – will seperately or in conjugation with already having holding –
Order sort or product, i.e. MIS/CNC/MTF, doesn’t have an effect on Taxation. FIFO to be utilized on demat transactions. It is advisable filter out intraday transactions, i.e., same-day exits; the remainder could be short-term or long-term positive aspects. So, Console Tax P&L will proceed to indicate a mixed assertion no matter the order sort.
Whereas Kite Holdings will proceed to indicate the mixed holdings purchase common, we’ll make provisions in Kite/Console to indicate an MTF-specific purchase common and different info for customers.
When will MTF accessible for all customers in kite app
Will you add under characteristic in future:
CNC convert to MTF ?
Putting of MTF order by way of GTT and AMO
Enhance in MTF publicity restrict from current 50.00 lakhs to limitless?
Permitting to pledge share as collateral to put MTF commerce?
Enhance in GTT variety of order from presently 250 quantity per account?
would you decrese price of MTF in future as in market aggressive price vary from 9 – 11% for MTF.
Thanks
Immediately used MTF, as @siva you talked about earlier shares might be auto pledged then why i recieved authentication hyperlink ? Is that this simply momentary untill CC provides direct payout or that is the SOP no matter payout strategies?
you talked about earlier shares might be auto pledged then why i recieved authentication hyperlink ? Is that this simply momentary untill CC provides direct payout or that is the SOP no matter payout strategies?
Sure, until CC fastened their methods.
Hey, are you able to clarify the costs debited from the account for added clarificationCoz pledge fees are debited, MTM is blocked then then comes settlement with NSE with quantity and a certain quantity is debited together with it’s that statutory taxes or different fees ?
