Angel Broking launches"Intraday Product" with 40 times exposure

Angel Broking Pvt. Ltd., one of India's premium stock broking & wealth management house launches "Intraday Product" with 40 times exposure. In its continuous endeavor to provide superior service to its clients "Intraday" has been specifically designed for traders seeking higher leverage. Giving the leverage to take up to 40 times exposure, the Intraday products creates a great opportunity for clients with high risk appetite to make the most of the market.

The Intraday product is designed with in-built Risk Management system; When a client places an order through the Intraday Product, he also gets the benefit of auto-square off, either based on Time or MTM (Mark To Market) loss. This means that his margin gets blocked to a limited extent and he does not need to worry about the squaring / closing of position before market ends. Angel's Risk Management team actively monitors the client's position and in case of loss increasing above the set percentage of the capital or cut-off time; the risk team closes the position by default.

Speaking on this recent development, Mr. Santanu Syam - COO of Angel Broking said, "The positive reforms and government focus on increasing investment spending while staying firm on the fiscal consolidation path, is helping in regaining investor confidence in Equities. With expectations being bullish, investors would look at enhancing their exposures in Equities. The Intraday product is designed to give higher exposure to investors for intra-day trading in Equity Derivatives, Currency and Commodity markets. With a maximum leverage of up to 40 times exposure, this product is extremely beneficial to intraday traders seeking a higher leverage".

The Intraday facility will be completely free of any extra charges and can be used on clients' discretion. Existing clients of Angel Broking can conveniently benefit from this new service by placing an order through Intraday Product online or offline.

Benefits of Angel Broking's Intraday product:

- Higher Exposure - Better capitalization of the market opportunities
- Limits losses - Auto-square off based on Time or MTM (Mark to market) Loss
- Eliminates worry - You need not worry about closing your open position, as the same would be squared off automatically
- No extra charges - You can avail this service without additional charges
- At your discretion - You can use this service whenever you feel the need.

Source : Equity Bulls

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