In Yesterday’s expiry, I had open positions in Cipla. I had 1 Future Position @1176 and sold 1 lot 1170 CE@9. As the call was in the money, so both the positions would be netted off. But, as per contract note the brokerage charged is around 1500+GST, whereas per you settlement policy, it is 0.1% of the contract value, which comes to be around 750+GST.
Shouldn’t I be charged brokerage for 1 leg only, as I have traded in buy side only and already paid brokerage for that. Please clarify
As both the contracts need to be taken into consideration for the net-off to happen, the brokerage will be charged at 0.1% of the physically settled value.
In case of only 1 contract, it would lead to a physical delivery obligation and that would result in 0.25% of the total value of the physically delivery.
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