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Kotak Securities has launched Super Multiple a service that offers you up to 40 Times exposure on selected Scrips. For e.g., if you have a margin of Rs. 1,00,000/-, you will get up to 40 times exposure on your Super Multiple orders, i.e. Rs. 40,00,000/-. Super Multiple orders can be used for cash and future trades.
Benefits of Super Multiple
- You get a higher multiple on specified scrips.
- Using Super Multiple you can achieve volume slabs faster and save on brokerages.
- You can capitialize on market opportunities using higher exposure.
- It helps to limit your loss through a Stop Loss Order.
- You need not worry about closing your open positions, as the same would be squared-off automatically, if not squared off by you.
All Super Multiple orders are "auto-square off" orders with a Stop Loss Price which you can define. If you do not square off this order, or the stop loss price is not achieved, your position will be automatically squared off as a market order at 3.10 P.M.
To view the Demo of Super Multiple
Why Super Multiple?
Better exposure to market
Trade in volumes
Understanding stock market indices
Kotak Securities cannot be held liable for any loss incurred by the client for Non-squaring off/delay in squaring off the positions automatically due to either illiquidity in the particular security or due to technological problem at either Brokers/Exchanges end. Further auto square off orders are placed as the market order and orders are matched against the best price at exchange level. Kotak Securities does not have the control over the price ruling in the market when the orders are matched by the exchange.
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