Click Here to open a Trading Account with "Zerodha" through us and get FREE Training on Futures and Options Trading Strategies.
1. Margin Intraday Square-off
To facilitate clients to take leverage in intraday position in cash & futures, Reliance securities Ltd (RSL) offer "MIS" (Margin Intraday Square-off) product for its clients. Unlike CNC instead of blocking 100% as margin, it only blocks a pre-specified percentage as margin.

Clients can buy and sell specific stocks during the day. Clients need to square off their positions before 3.20pm OR RSL will square-off such open position before market closes. MIS is preferably done for intraday square off positions in cash market.

Margin Intraday Square off is a product that offers approximately 5 times exposure in cash segment, 6.5 times in stock futures and 10 times in index futures.

By default every customer is assigned with MIS product for trading. In case clients want, MIS position can be converted to other product (NRML / CNC) before the specified cut-off subject to availability of required margin.

Client can not take positions in options under Margin Intraday Square-off (MIS) product.

In case of any loss incurred by the client because of Non squaring off or delay in auto square-off due to market conditions, Reliance Securities cannot be held liable for such losses. Further Auto square-off orders will be placed at market order & hence will match with the best price at exchange.

2. CNC Stands for Cash n Carry
Transaction done in CNC is delivery transactions. On buy transactions there will be 100% margin blocking for the trading day. Sell transaction will be allowed based on holdings available and sale proceeds would be released for the trading day. CNC is preferable for delivery transactions in cash market.

In case clients want, CNC position can be converted to other product (NRML / MIS) before the specified cut-off subject to availability of required margin.

3. Plus Multiplier
To give a boost to client trading potential, Reliance Securities Ltd (RSL) has launched "Plus Multiplier". This product is an extension to our existing MIS (Margin Intraday Square-off) product, wherein client gets exposure against margin on intraday trades & if client doesn’t square-off or convert such positions by 3:20 PM, RSL will square-off such open position before market closes.

Plus Multiplier is a product that offers approximately 10 times exposure in cash segment, 8 times in stock futures and 15 times in index futures.

Advantages of Plus Multiplier
  • These products will allow client to take high exposure against margin.
  • A feature to unleash client trading potential to take advantage of market opportunities.
  • In case client is not able to close his open position, the position will be auto squared-off. Client doesn’t need to be in front of the trading system throughout the market hours.

Client can not take positions in options under Plus Multiplier (MIS) product.

For more details please visit the nearest branch or contact your RM. For any query please write to us at customer.support@rsec.co.in

In case of any loss incurred by the client because of non squaring off or delay in auto square-off due to market conditions, Reliance Securities Ltd (RSL) cannot be held liable for such losses. Further Auto square-off orders will be placed at market order & hence will match with the best price at exchange.

4. Super Multiplier
To give a boost to client trading potential, Reliance Securities Ltd (RSL) has launched "Super Multiplier". This product is an extension to our existing MIS (Margin Intraday Square-off) product, wherein client gets exposure against margin on intraday trades & if client doesn’t square-off or convert such positions by 3:20 PM, RSL will square-off such open position before market closes.

Super Multiplier is a product that offers approximately 10 times exposure in cash segment, 10 times in stock futures and 18 times in index futures.

Advantages of Super Multiplier
  • These products will allow client to take high exposure against margin.
  • A feature to unleash client trading potential to take advantage of market opportunities.
  • In case client is not able to close his open position, the position will be auto squared-off. Client doesn’t need to be in front of the trading system throughout the market hours.

Client can not take positions in options under Super Multiplier (MIS) product.

For more details please visit the nearest branch or contact your RM. For any query please write to us at customer.support@rsec.co.in

In case of any loss incurred by the client because of non squaring off or delay in auto square-off due to market conditions, Reliance Securities Ltd (RSL) cannot be held liable for such losses. Further Auto square-off orders will be placed at market order & hence will match with the best price at exchange.

5. NRML Cash
Reliance Securities Ltd. (RSL) offers its clients a facility to take a delivery position by paying the required margin in a stock as specified during the day and pay the balance not later than 5 days from the exchange payout day.

Example: If client’s net ledger value is Rs. 20,000 (Cash + Collateral), he can take exposure upto Rs. 80,000 in delivery. Client has to pay the balance by the exchange payout day (T+2) failing which he has to make payment on or before 5 working days from the exchange payout day.

If the client has taken such position, he has to pay anytime between trade day to 5 working days from the exchange payout date. Meanwhile, the client can also sell such securities. In such a case any profit/loss arising out of such transaction, will be posted to client ledger.

In case the client does not pay by the exchange payout day (T+2), RSL will levy ‘delayed payment charges’ from the exchange payout day (T+2 day) onwards.

However, clients have to necessarily maintain the minimum margin requirement. In case client fails to maintain the minimum margin or his margin requirement has been increased by the exchange for any reason RSL will be empowered to square-off such positions. Any loss arising due to such square-off shall be borne by the client.