Huge (unaffordable ) diiference in margins of ALICE BLUE


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Atttached are 4 screenshots of 2 diiferent strike price of SENSEX options of ALICE BLUE and an other broker. Whereas THAT other broker is requiring around 68k rupees for OPTION SELLING for those 2 strike prices…INDIA’S BEST BROKER ALICE BLUE is requiring around 7 lakh rupees for those SAME 2 strike prices.

ALICE BLUE admins are requested to explain WHY THIS IS SO ??

2 Likes

@bulla

Our Team is looking at the query raised by your side, Could you please share your clients code, once we received the response from the respective team will revert back to as soon as possible.

Arul bhai…i checked with a friend id also…from another id too its still showing the same. This is a generic issue so I dont think I should share our client codes with you here.

Since the issue is generic…request you to please see the same and provide the same margins as other brokers are providing for sensex options.

Thank you for your valuable feedback, we are working it as soon as possible we will rectify the same…

Hi @bulla

We have made the necessary corrections based on the feedback you provided. Kindly review and confirm if the error has been resolved. If the issue still persists, kindly inform us.

Thanks for the response Arul Bhai.

But

1- The SELL OPTIONS required margins are still higher than 0-dha (the only broker presently making available sensex bankex options ). For example for a strike price it is requiring around 65-70 k whereas for the same strike price AB is requiring around 80k(after this issue resolve). So thats something which AB top level management should consider for AB clients.
Please pass on this feedback to higher management of AB.

2-In the Basket order section SENSEX contracts have been made available …thats good …BUT after adding our desired strike prices the calculator there is not working.It is showing NA in the required margin output. Please do something about this.

3-Please add CLONE feature in the basket order section.

Our Team is looking at the query raised by your side, once we received the response from the respective team will revert back to as soon as possible

Any update on the 3 points ?