What is a NRML Order in Trading?
NRML or the Normal Margin (Full Form of NRML) order is used for carry forward trades in the derivative segment and for a special product in Samco called “Cash Plus” in the Cash segments. For example if some body wishes to buy Nifty futures and sell in after a few days he can do so using the NRML product type. NRML trade can be converted in to an MIS order from the Position conversion window. Intraday trade in the MIS product type can also be converted into a NRML trade provided the required margin is available in the clients trading account.
NRML Margins
In the derivatives trade, the margins applicable would be the total margin i.e. SPAN + Exposure. The margin can be checked from the Span Calculator. In derivatives, no extra leverage is provided for trades using the NRML product. In contrast in the equity segment, the NRML product is used for providing leverage upto 4x on selected stocks. You can check the NRML order margins for the Equity Cash Segments on the Equity Delivery Leverage Calculator.
Note that the margin applicable while entering the order is only initial total margin and additional mark to market would be required to be paid if there is a loss in the position. If the clients trading account balances drop by 80%, the open positions would be squared off by the RMS system.
You should check the Samco margin policies and limits to check the margins available for trading different product types with Samco.
The Other Order types in Derivatives Segment and Cash Market Segments are
- MIS Orders – Margin Intraday Square-off for Intraday Trades
- Bracket Orders for Intraday trades
- Cover Orders for Intraday trades
- CNC Orders – Cash and Carry Orders for Delivery buy/sell transactions (Only available in the Cash market segments)
To begin trading NRML orders in the Cash Plus product, subscribe to CashPlus from the Samco STAR.
In case you don’t have a Samco Account yet, open a Trading and Demat Account with Samco today!
Disclaimer – Trading with NRML orders involves the use of financial leverage. Margin Trading with NRML orders carries a high degree of risk and it magnifies a trader/investors gains and losses. Trading with Margins can expose the client’s capital to substantial risk and in certain cases, a client may sustain a total loss of capital. A client should know the risks of financial leverage and should consult their financial advisors to ensure that the use of the same is appropriate and in accordance with the client’s risk appetite and financial position.
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Dear Sir ji,
Please think of cash plus like facility for positional Nifty Future. Nifty is less volatile, hardly move gap up or down over 2-3%, so current 8% margin is on higher side. At least, you can give 3x leverage for Nifty BTST/STBT(only next day position less risk) positional trades, using NRML.
Best Regards.
I have recently started Intra-Day Trading in Equities (using SAMCO Trader) in mobile android app of SAMCO. I just wish to know how to square off the position (manually) before 3.15 PM.
I don’t know the procedure to square off the position (manually), failing which, my positions get automatically squared off at 3.15 PM.I generaly use the mobile App so plese say me the mobile app procedure
Team Samco
Please tell me how to place BTST order with Samco mobile app
Hi Sanjay, For F&O, Place an order in the NRML product type and for Cash Markets, place an order in the CNC/NRML product type. With this you shall be able to place an order for delivery/carry forward which can be sold on the next day.
what is the market protection while placing order for option, or how exactly choose the product type in option with samco web app
How to trade with intra plus?
Hi, just wanted to know, if I buy Future Currenty in NRML, and on the same day the price drops, and I hold the stock till the next day, will the unbooked PNL be deducted from my margin?
Yes. Your the Mark to market on account of the price fluctuation gets debited (in case of loss) or credited (in case of profit) to your SAMCO Trading account ledger statement and has the effect of adjusting Trading margins.
You posted a number of nice points there. I did a litte research on the issue and discovered nearly all people will have the same opinion with your blog.
Please let me know what is maximum lot size per order that can be traded by placing orders under NRML ?
Greetings! The Maximum Order Quantity (In Lots) varies with the derivative in question. Eg: For BankNifty, it is 62, meaning you can place an order for 2480 (62 * 40) quantities at a time. Similarly, for Nifty, it is 100, meaning you can place an order for 7500 (75*100) quantities at a time.
sir,i want learn option trading,can you arrange that type of tutorial
Dear Mr. Mangesh, thank you for getting in touch with us. To learn about options trading, kindly refer some of the articles written by our experts. Here are the links to it.
https://www.samco.in/knowledge-center/articles/trading-index-options/
https://www.samco.in/knowledge-center/articles/trading-stock-options-in-india/
https://www.samco.in/knowledge-center/articles/put-options/
https://www.samco.in/knowledge-center/articles/call-options/
https://www.samco.in/knowledge-center/articles/what-are-nifty-options/
This should cover all the basics about options trading. In case you have any questions or need any help, please do contact us; we’re happy to help you. Thank you for your time. Have a great day!
Hi, Sir please tell me what is strategy to trade in futures with 1cr fund.
Dear sir, please tell us, how do activate F&O service.
Hello Kuldeep,
Thank you for reaching out to us!
With regards to your query, we request you to kindly watch our tutorial video on Segment Addition Process. Below is the link of our video:
https://www.youtube.com/watch?v=VLuATp7WlBc
We hope that this will resolve your queries. For any other information, you can mail us on support@samco.in or raise a ticket on https://www.samco.in/support, our executive shall assist you on the same.
Looking forward to serving you soon.
Thanks & regards,
Team Samco