Margin Trading Facility

ss7097 · 1 Margin Trading Facility Tue Feb 15, 2011 8:36 pm

ss7097

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Hi Guys,

My broker Asha Philip has promised to give margin trading from February and when I checked with them every time they tell stories but nothing is happened yet. Earlier they said they have applied for license and waiting for approval from CSE then they want to hire a new person to handle Margin trading and now they talk about the finance issue. I don't know what they are telling is true and can't trust this broker anymore. Can you let me know to whom I've to speak on this at Asha philip or any other TRUSTFUL broker who is accepting Margin trading, to transfer my account. My portfolio value is more than 15M.

tubal · 2 Re: Margin Trading Facility Tue Feb 15, 2011 9:10 pm

tubal

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With a portfolio or that size, Commercial Bank, PABC and HNB will be more than happy to accept your business.

ss7097 · 3 Re: Margin Trading Facility Tue Feb 15, 2011 9:24 pm

ss7097

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tubal wrote:With a portfolio or that size, Commercial Bank, PABC and HNB will be more than happy to accept your business.

Thanks tubal.

When I go for one of the said banks, do they handle my account afterwards or can I operate my portfolio without any problem, independantly?

Gaja · 4 Re: Margin Trading Facility Tue Feb 15, 2011 9:28 pm

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you can operate them in your own, but i think they might restrict on the on line trading?

marketanalyst · 5 Margin Trading Tue Feb 15, 2011 10:12 pm

marketanalyst

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Go for PABC

vishnu · 6 Re: Margin Trading Facility Wed Feb 16, 2011 12:54 am

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Go for capital Trust..they have arranged margin trading with Commercial

tubal · 7 Re: Margin Trading Facility Wed Feb 16, 2011 7:00 am

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The restriction is that they will give you a list of shares that you cannot buy into that account. Mostly made up of the most illiquid shares.

Gaja · 8 Re: Margin Trading Facility Wed Feb 16, 2011 9:09 am

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tubal wrote:The restriction is that they will give you a list of shares that you cannot buy into that account. Mostly made up of the most illiquid shares.

u can buy even those shares, then ur margin value will come down very drastically, also the margin providers can't give margin to their own shares

tubal · 9 Re: Margin Trading Facility Wed Feb 16, 2011 9:21 am

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Thanks gaja, I didn't know that bit.

Monster · 10 Re: Margin Trading Facility Fri Feb 18, 2011 4:55 pm

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I spoke to Commercial Bank and Sampath Bank to get the margin trading facility. They both provide margin trading facilily only those who have more than 10mn portfolio. But my portfolio is less than 10 mn. Crying or Very sad

Any bank provide margin facility for less than 10 mn portfolio. Question

When I speak to my broker (Asha philips), they told they are planning to provide margin trading facility for thier customers. But they asked me to wait two more months.

Gaja · 11 Re: Margin Trading Facility Fri Feb 18, 2011 5:14 pm

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check with DFCC, i think they will give if your portfolio was above 3 million at the interest rate of 14%, above 5 million 13.5%, and above 10 million 13%

yasser · 12 Margin trading Thu Mar 10, 2011 3:17 pm

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vishnu wrote:Go for capital Trust..they have arranged margin trading with Commercial

I have being with capital trust its a useless place to be, i closed my account over there. the online system of capital trust always get stuck and they are not at all prompt.
Thushan and sarath the big chaps dont give a damn they only advice to buy greg better off not going to them.

DRAKE · 13 Margin Trading!!! Thu Mar 10, 2011 4:05 pm

DRAKE

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Hey guyz if you are in need of a Margin facility you can have it from Bartleet Finance....but you should maintain your portfolio with their own stock brokers and your portfolio should be at least more than 5 MN....I think they are the only people who grant the facility within a short period...it took only 5 days to finalize everything....but I am not really sure whether they restrict any trading or not....so far they haven't....but I think their interest rate is a little bit higher compared to other margin providers which is 16% pa....still I am happy with their rates only because of their service quality.

Dayanic · 14 Re: Margin Trading Facility Thu Jun 09, 2011 3:15 pm

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Hay Friends,

Why don't u guys join with MBSL for margin trading facility. if u have more than 1 mn portfolio you can join with them. interest rate 17%

Very easy to go with them.

U can call Dishan ( Tel 4711711 ext 587) at MBSL. he will help u guys

intelstk · 15 Re: Margin Trading Facility Sat Jun 11, 2011 1:20 pm

intelstk

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ss7097 wrote:Hi Guys,

My broker Asha Philip has promised to give margin trading from February and when I checked with them every time they tell stories but nothing is happened yet. Earlier they said they have applied for license and waiting for approval from CSE then they want to hire a new person to handle Margin trading and now they talk about the finance issue. I don't know what they are telling is true and can't trust this broker anymore. Can you let me know to whom I've to speak on this at Asha philip or any other TRUSTFUL broker who is accepting Margin trading, to transfer my account. My portfolio value is more than 15M.

Hey,

can you share your strategy on share trading???

like.......

- full time investor???
- long term or short term investment or day tradings???
- how long in CSE???
- IPO strategy???

I think from person like you, I can learn more.

san1985 · 16 Re: Margin Trading Facility Thu Sep 01, 2011 2:29 pm

san1985

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commercial bank don't allow to do online trading.....So pathetic..

I was about to go with them....But without online trading no point...

Does anyone know where i can get MT with a portfolio value of 1.6M?

Help scratch

PGCR · 17 Re: Margin Trading Facility Sun Sep 04, 2011 9:16 am

PGCR

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If ur portfolio is full with solid shares u can get the facility from DFCC @ 14% or less.

Remember u should have sound shares worth of Rs 3Mn.

Dial 2371371 ext 1685.

san1985 · 18 Re: Margin Trading Facility Sun Sep 04, 2011 11:36 pm

san1985

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PGCR wrote:
Remember u should have sound shares worth of Rs 3Mn.

That is the problem brother.....My PF size is only 1.6M... Sad

Tomorrow I'm going to apply from the broker, Asia Sec...They offer at 18%..

Rate is little hi though... scratch

PrabathR · 19 Re: Margin Trading Facility Thu Sep 11, 2014 11:28 am

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is this good to use.

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Margin Trading Facility

1 Margin Trading Facility Tue Feb 15, 2011 8:36 pm

ss7097

2 Re: Margin Trading Facility Tue Feb 15, 2011 9:10 pm

tubal

3 Re: Margin Trading Facility Tue Feb 15, 2011 9:24 pm

ss7097

4 Re: Margin Trading Facility Tue Feb 15, 2011 9:28 pm

Gaja

5 Margin Trading Tue Feb 15, 2011 10:12 pm

marketanalyst

6 Re: Margin Trading Facility Wed Feb 16, 2011 12:54 am

vishnu

7 Re: Margin Trading Facility Wed Feb 16, 2011 7:00 am

tubal

8 Re: Margin Trading Facility Wed Feb 16, 2011 9:09 am

Gaja

9 Re: Margin Trading Facility Wed Feb 16, 2011 9:21 am

tubal

10 Re: Margin Trading Facility Fri Feb 18, 2011 4:55 pm

Monster

11 Re: Margin Trading Facility Fri Feb 18, 2011 5:14 pm

Gaja

12 Margin trading Thu Mar 10, 2011 3:17 pm

yasser

13 Margin Trading!!! Thu Mar 10, 2011 4:05 pm

DRAKE

14 Re: Margin Trading Facility Thu Jun 09, 2011 3:15 pm

Dayanic

15 Re: Margin Trading Facility Sat Jun 11, 2011 1:20 pm

intelstk

16 Re: Margin Trading Facility Thu Sep 01, 2011 2:29 pm

san1985

17 Re: Margin Trading Facility Sun Sep 04, 2011 9:16 am

PGCR

18 Re: Margin Trading Facility Sun Sep 04, 2011 11:36 pm

san1985

19 Re: Margin Trading Facility Thu Sep 11, 2014 11:28 am

PrabathR

20 Re: Margin Trading Facility

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