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SHREEPATI COMMODITIES PVT.LTD A PLACE WHERE YOU ENJOY
TRADING
Introduction about our company
Shreepati commodities Pvt.Ltd is a professionally managed company
Having membership in both the commodity exchanges Multi Commodity Exchange (MCX) and NCDEX
It is promoted By Mr.Prem Kedia
Introduction about CompanyDirectors
SHREEPATI COMMODITIES PVT.LTD is promoted by Mr.Prem Kedia .
Mr.Prem Kedia is a business magnate . He is a man of vision and has sharp
business acumen. He has been actively involved in Financial
and Capital Market Fields since last twelve years.He specializes in Diamond , precious stones business.
Executive Director
Kanan Sheth A Chartered Accountant by profession ,she has been
in capital market for last 20 years She has vast experience in financial markets She is the backbone of Shreepati Commodities
Pvt.Ltd She is ever committed to prove the maxim “Unless you have 100% customer satisfaction…
you must improve." “The result of a business is a satisfied customer”
What we offer
We bring to you a user- friendly online trading facility, coupled with a wealth of content that will help you stalk the right commodities
Mode of Connectivityfor trading
Internet Vsat Lease line
Most active contracts traded on NCDEX
NCDEX currently facilitates trading of thirty five, commodities including :
Gold Silver Ref soya oil URAD New entrants in commodites trading are Steel ingots
Procedure for opening Account 1.Membership form has to be filled checklist of enclosureCopy of Pan cardBanker letter with signature verification
Any one proof of the followingCopy of passport copy of voters id cardsCopy of driving licenseCopy of ration card
Margin structure
MARGIN LEVIED IN NON DELIVERY PERIOD
NCDEX Initial Margin is levied depending upon
volatility Gross exposure margin is constant
MCX only single MARGIN LEVIED IS CONSTANT EXCEPT SPECIAL MARGIN
Delivery period margin
Additional margin of 25% is levied
Contracts have 9 letter name First three letter indicate name Second three letter indicate grade Third three letter indicate delivery centre
Trading in any contract month will open on the 21st day of the month. If the 21st day happens to be a non-trading day, contracts would open on the next trading
NCDEX CONTRACT DETAIL
Due Date/Expiry date
20th day of the delivery month If 20th happens to be a holiday, a
Saturday or a Sunday then the due date shall be the immediately preceding trading day of the Exchange.
Delivery specification
Upon expiry of the contracts, if any seller with open position desires to give delivery at a particular delivery center,
Then the corresponding buyer with open position as matched by the process put in place by the Exchange shall be bound to settle by taking physical delivery.
Position limits
Every contract has Position limits Member-wise: Rs. 40 crores or 15 per
cent of open interest, whichever is higher
Client-wise: Rs. 20 crores or 10 per cent of open interest, whichever is higher
Our policies regarding the Payments
Against the deposit provided by client The exposure is usually 20 times the
deposit MTM Payment has to be made daily
How we communicate with our clients
Bill and contracts are mailed everyday
We confirm in morning the outstanding positions