India
NRI
FAQs
It is a contract where one party has a right to buy/sell the underlying, while the other party has an obligation to buy/sell. The person with the right is called the holder/buyer of the option. The person with the obligation is called the writer/seller of the option.
Options if squared off on the same day are considered as intraday options.
Options trades that are not squared off on the same day but are carried forward and assigned/exercised on expiry date.
Axis Securities Limited (ASL) will charge Rs zero per lot brokerage in Intraday Options with effective from 1st August, 2017. Statutory brokerage of 1 paisa per lot will be levied.
Axis Securities Limited (ASL) will charge Rs. 10 per lot brokerage in Carry Forward Options with effective from 1st August, 2017.
The other product brokerage charges will be applicable as usual.
The above brokerage rates are applicable on all the platforms in which trading is available in AxisDirect.
Follow the following steps to enable your options trading 1. Login using your credentials and go to my portfolio 2. Go to support button on top right corner of the screen 3. Select Login Support in the drop down 4. Click on Enable my derivatives card. Customer derivatives trading will be enabled within 7 business days
Case-Options squared off on the same day
No, you can trade in Options only with NSE in AxisDirect.
The above mentioned lot rates are applicable to all AxisDirect customers irrespective of new and old customers.
GST and other statutory levies will be charged as usual.
The customer will be charged Rs. Zero in the second leg of Intraday Options trading also. Statutory brokerage of 1 paisa per lot will be retained during second leg also.
Yes, the above offer is applicable to NRI customers also.
In case of receipt of multiple offers from ASL by the customer, the brokerage rate will be charged at the above specified brokerage rate during the offer period.
The subscription based customers will be charged as usual till complementary delivery turnover and post that they will be charged zero in intraday square off options and Rs 10 per lot in carry forward options as mentioned above.
AxisDirect has the right to retract this offer anytime it deems fit. This offer should not be construed as an incentive to trade. This offer is subject to regulatory norms in force from time to time and may be discontinued under any regulatory directions or for any reason, without giving prior intimation to the client. For any disputes pertaining to the Offer, the decision of ASL will be final and binding