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Kotaksecurities.com has launched Super Multiple, a service that offers you up to 18 Times exposure on NV20 Script and 14 times exposure against your margin, on additional specified scrips. For e.g., if you have a margin of Rs. 1,00,000/-, you will get up to 18 times exposure on your Super Multiple orders, i.e. Rs. 18,00,000/-.
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.
All Super Multiple orders are "auto-square off" orders with an automatic system-generated Stop Loss Price which you can redefine if needed at the lower end. Your position will be automatically squared off as a market order at 3:10pm if, by then, it does not achieve the stop loss price or you do not square it off yourself. Super Multiple is currently being launched in the cash segment as well as derivatives segment.
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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