NEST platform Write-up

1.Login
After installing nest package on system, an icon named NEST Trader (also widely known as NT’) will be placed on the desktop. User
needs to just double-click on the icon to start the Nest Trader application. After application starts, it prompts the user for the login
window. The user needs to enter the login name and password in the respective fields provided.

User Name: The User Name or Login Id of the user is to be entered.

Password: The corresponding password for the User Name must be
entered.
Forgot Password: This option can be used in case the user forgets password.
Change Password: This option can be used to change the existing password to a
new one.
Quick Login: The user can tick the check-box for 'Quick Login' to speed up the
login process. With 'Quick Login', existing orders and trades are
not recounted, thus speeding up the login process.
Confirm Scrips Download: The user can check this option to confirm whether the scrip files
are to be downloaded or not.
Clear and Download All Scrips: This option can be used by the user to delete old scrip master
files and download them freshly.
Login: The user has to simply click on the 'Login' button or press Enter
on his keyboard, after entering relevant Login details on his
terminal.

2.Market watch group settings

The feature allows users to create a multiple market watch with the list of scrips as per choice. Following options are displayed in
Group details window.
Group Name: The user must enter the group name of his/her choice to create a new market-watch
group.
Add New: The user must click on this option to create a new market-watch group.
Options: The user can select any one of the options to add multiple scrips to the market-watch
group at one go. Following options are provided:
 All future securities for selected expiry
 All option securities for selected expiry
 All option securities for selection
 All securities for selected market type
 All underlying scrips for futures.
Options: The user can select any one of the options to add multiple scrips to the market-watch
group at one go. Following options are provided:
 All future securities for selected expiry
 All option securities for selected expiry
 All option securities for selection
 All securities for selected market type
 All underlying scrips for futures.
Exchg-seg: The user must select the exchange-Segment of those scrips are to be added in the
selected market-watch group.
Type: The user must select the Market Type for the scrips.
Inst Name: The user must select the Instrument Name of the scrip that is to be added to the
market-watch group.
Symbol: The user must select the symbol of the scrip that is to be added to the market-watch
group.
Option Type The users should select the option type for the option contract.
Expiry Date: The user must select the Expiry Date for future and option contract.
Strike Price: The user must select the Strike Price.

 The user needs to click on Add button to add scrips to the market-watch group.
 The user can also Import a previously created market-watch group by clicking on 'Import Group' button.
 The user can export groups to a file by clicking on ‘Export Group' button.
 The user can save changes to the selected market-watch group, by clicking on 'Save Groups'.
 The user can choose to update the market-watch profile with the changes made in the market-watch group settings by clicking
on 'Update Groups'. However, to save the changes, the user should click on 'Save Groups'.

3. Index Value Bar

The Index Value Bar appears on the workstation, from where the user can add and view the value of any selected benchmark index.
This window can be invoked by pressing Ctrl+I.
After that, right click on index value bar white screen and select option show indices group.
Various indices will appear on screen and user can add indices on right clicking the specific indices choosing add to dlgbar..same way
user can remove also

4. Market Watch Profile:

Market Watch is one of the most commonly accessed features in any trading application. The users can create multiple profiles of
portfolio in which scrips are added as per convenience. User will be able to view market touchline data of scrip along with the other
useful information which will be required for trading in the market. User has option to rearrange the column through Reposition
Column option available on doing right click on market watch profile header. User has an option to Add or Remove the unwanted
columns to keep in market watch window. User should click on Save button to save the settings permanently.

5.Order Entry Window:

There are two types of Order Entry window one is Buy Order Entry window and another is Sell Order Entry Window

Buy Order Entry: Short cut assigned F1 or can be invoked through “+” key and uses to place Buy Order for selected Scrip. Once
clicked following window will appear where user can fill the quantity, price and client Id for which order is to be placed.

Sell Order Entry: Once clicked on this option following window will appear which uses to sell the selected scrip. The short cut key F2
(or can be invoked by “-“key) assigned to it. User has to fill all required fields before click on submit button.
6. Scrip Properties:
The user can call this window by pressing Shift+F7 from the market watch. It provides the basic information pertaining to
the selected scrip. The information includes: Tick Size, Board Lot Quantity, Price Unit, etc. The user can also configure the
entire list of information by clicking on the configure button. Below are the details that appear in the Scrip Properties
Window:

7.Order Book

Once an order is placed, the user would like to see the status of that order. In order to do this, a user can call the order book window
by pressing F3 in the market watch. If the user presses F3 twice it would show the status of all the orders that were placed across all
the segments as well as across the entire exchanges. User can also set the columns in the sequence user prefers them to appear in
the order book window. One can also remove the unwanted columns from the window. All the fields/columns can also be filtered by
pressing ‘Ctrl+F’. Pressing this short-cut will invoke a filter on the top of the order book.

8. Trade Book

The Trade Book window displays the executed orders for all the scrips. This window can be invoked by just pressing the F8 key
from the market watch.. The summary displays the Total Buy Quantity, Total Buy Value, Total Sell Value, Sell Quantity and
the Net Amount. Pressing F8 twice will display all the trades across all the scrips (All Segments All Exchanges). Like Order
Book, one can also filter information from the Trade book by invoking short-cut key ‘Ctrl +F’.
8. What all rejection reason client can get in Omnesys RMS & meaning of each rejection
reason?

Rejection Reason Meaning

RMS:Rule: Pending Order Value limit including square off
Exceeds, Current:2744.70, limit set:90.00 for entity
account-ABCXYZ007 across exchange across segment IF client place pending order more than allowed pending
across product order value limit
RMS:Rule: Order Value limit including square off order,
Current:2744.70, limit set:1000.00 for entity account-
ABCXYZ007 across exchange across segment across Client places single order value more than order value
product limit
RMS:Rule: Gross exposure limit, Current:2172.50, limit
set:99.00 for entity account- ABCXYZ007 across exchange If client places order with Intra-day NSE Cash Gross
across segment across product exposure exceeding
RMS:Rule: Turnover order level limit, Current:992800.00,
limit set:1212.00 for entity account- ABCXYZ007 across
exchange across segment across product Intra-day turnover limit exceeds
RMS:Rule: Gross exposure derivative limit,
Current:992800.00, limit set:1.00 for entity account-
ABCXYZ007 across exchange across segment across Gross Exposure FNO open position Traded + Pending is
product allowed
RMS:Blocked for SAIL Securities in Ban block type: NON- If client tries to place fresh position for securities in Ban
SQROFF period
ADAPTER is down If Exchange connection not done from Back-end
If client tries to place AMO order between 9.00 AM till
Admin stopped AMO 5.00 PM; That time AMO Orders are not allowed
If client tries to place order after Auto square-off
CO: auto square off executed execution between 3.10 PM to 9.15 AM next day
Client is not connected properly/connectivity issue at
error user/user target not logged in client end
Particular exchange is not assigned to client e.g. FNO not
Exchange not enabled for this acct enables in client account
QUANTITY {10000}: EXCEEDS TRANSACTION SIZE LIMIT Single order quantity is more than Group wise quantity
 limit set on NEAT & BOLT CTCL Terminal
If client places order after MIS Auto square off run ;
RMS: Auto Square Off Block between 3.10 PM TO 4.30 PM
RMS: Blocked for account- ABCXYZ007 Remarks-10,000 Client blocked due to ledger balance Debit more than 7
block type: ALL days
If particular product rights are not given to clients,
RMS: Client not enabled on product CO/BO/MIS/NRML etc.
If cover order first leg rejected because of Margin
Exceed/Circuit filter/Assigned basket etc., then second
RMS: First leg of cover order already got rejected leg would be rejected with this reason
RMS6: Margin Exceeds, Required:15000.00,
Available:10000 for entity account-ABCXYZ007 across
exchange across segment across product If client do not have sufficient margin against required
RMS:Rule: Assigned basket for entity account-ABCXYZ007 If client tries to place order in MIS/CO/BO product out of
across exchange across segment across product allowed basket
RMS:Rule: Board Lot Quantity limit including square off
order Exceeds, Current:100000, limit set:50000 for entity
account-ABCXYZ007 across exchange across segment If client is placing single order more than allowed
across product quantity in FNO
RMS:Rule: Check circuit limit including square off order
exceeds for entity account-ABCXYZ007 across exchange
across segment across product If order is placed beyond circuit Limits (Exchange DPR)
RMS:Rule: Check freeze quantity for FO including square
off order, Current:8000, limit set:7500 for entity account-
ABCXYZ007 across exchange across segment across If orders are placed in NSE FNO more than allowed single
product order quantity by exchange
RMS:Rule: Check holdings, No Holdings Present for entity
account-ABCXYZ007 across exchange across segment If client tries to sell in CNC wherein the scrip is not
across product available in Holding
RMS:Rule: FO Assigned basket for entity account-
ABCXYZ007 across exchange across segment across
product If client places order out of NFO MIS basket
RMS:Rule: Order Quantity limit including square off order,
Current:110000, limit set:100000 for entity account-
ABCXYZ007 across exchange across segment across If client tries to place order more than order quantity
product limit of 1 lac

STOP PRICE BEYOND CIRCUIT LIMITS IF Stop loss price is placed beyond circuit limit

TRANSACTION NOT ALLOWED IN CURRENT INSTRUMENT If client tries to place order in BSE Cash market before
STA market opening
If client places SL order in CO/BO out of SL Range i.e. 3%
Trigger price should be 3% for NIFTY21JUNEFUT (index) or 5% (stock)
When market is not open for trading & if client tries to
place order in NSE CASH & FNO – between 9:07 am to
16000: The trading system is not available for trading 9:08 am; and 3:30pm to 3:40pm
When market is not open for trading & if clients tries to
place order in NSE CASH & FNO order would be rejected
with this reason till 9.15 am and after 4.00 PM; Also,
16387: Security is not allowed to trade in this market when wrong series – EQ/BZ is selected for a scrip.

Invalid combination in SL Order i.e. wrong trigger price

16415: Invalid combination of MF/AON/Disclosed Volume etc.

16418: Order with Invalid attributes rejected by the system Invalid combination in normal order
 16447: Order entry not allowed in Pre-open If client tries to place order in pre-open session

If client tries to place orders in FNO other than allowed

16473: Only board lot market orders are allowed market lot

From Underlying LTP in OPTIONS Within certain range

RMS:Rule: Option Strike price based on Ltp percentage for only Trading allowed in particular strike price/If client are
entity account-YIEKY across exchange across segment placing order beyond these range this rejection will
across product come.

RMS:Rule: FO Restricted basket for entity account-XUKUU If OPEN Interest are ZERO @ beginning of Market, then
across exchange across segment across product those strike price trading are Restricted for the day.

RMS:Square Off Order Margin Exceeds, Cash If client are trying brake hedge position this rejection will
Available:319162.18,Additional margin required:374680.51 come. In this case ask client to squared off sell position
for entity account-ZT1HV across exchange across segment first then squared off long position to avoid this rejection
across Or ask client to fund his account.

9. Where we can client wise open positions & from where we can square off and convert
position open positions?
Use F11 (Admin position) Window to see client open positions, From here by selecting particular client code you can squared off
open position also by selecting position and also convert position
How to Convert Position?

SELECT > OVERALL & NETWISE

SELECT > CHILD LINE ITEM OF SCRIP
CLICK ON POSITION CONVERSION TAB

POSITION CONVERSION POP UP WILL COME

SELECT PROUCT YOU WANT TO CONVERT IN UNDER PRODUCT TYPE
MENTION THE QTY IN CF BUY QTY FIELD
CLICK ON CONVERT

IF SUFFICIENT MARGIN IS THERE THEN REQUEST WILL BE ACCEPTED AND BELOW MENTIONED MESSAGE WILL COME
IN CASE OF INSUFFICIENT MARGIN, REQUEST WILL BE REJECTED WITH BELOW MENTIONED REMARK.

DRAG TOWARDS RIGHT SIDE IN REMARKS FIELD WITH CURSOR TO CHECK ADDITIONAL MARGIN REQUIRED AMOUNT.

Position conversion allowed:

Fro
Position m TO
Long MIS CNC
Long MIS NRML
Short MIS CNC

If someone has already sold something as CNC, conversion of that also can be done
 Short CNC MIS

10. View Holdings/Collateral Values

This option allows the user to view the holdings. Once selected a window will appear where user can select the account id to check
holdings and collateral Values of clients. It gives the details of the holding such as total quantity, Used quantity etc.

11. RMS VIEW LIMIT

i) RMS View Limit is a window in Omnesys system which provides a summary of Client’s balances utilization of limit with bifurcation
and Client’s Position on a real time basis.
{Path: Omnesys Trading System: Surveillance > RMS Limits > View Limits}

ii) How can I add columns in RMS View Limit?

In the RMS View Limit window right click on the headers below Present values and select Reposition Columns.
RMS View Limit also has the flexibility to add custom columns as well, wherein you can add mathematical operations also.
{Path: Right click on Present Values Header > Select Add Custom columns
Give Name of Custom column as per below mention screen shot (Total Margin available)
iii) Which Column I should add in Rms View Limit Window?
Client can add wide range of column in RMS View limit .Below are our list of recommended columns which are sufficient to
understand client’s Total Margin Available and margin utilized and net margin available Or shortfall in Just few custom columns
indicated in “RED” .To see in details client needs to add below mention columns based on our Existing RMS Rules.

COLUMN PROFILE EFFECT ON EFFECT ON MTM

NAME IN NEST EXPLANATION MARGIN USED WARNING%
This will be use as
margin available
Clients Ledger balance(Positive means to calculate MTM
Cash Margin Avail available & Negative means Shortfall) N/A warning%
EntityId Client trading code (UCC) N/A N/A
Category RMS assigned Category N/A N/A
MTM %(Use for MTM Triggered) please
MToM Warning % refer column "4" for effect of MTM
Present warning N/A N/A
Margin Warning % Margin utilization % (Total Margin
Present used/Margin Available*100) N/A N/A
Formula:
Total margin available - "Margin Used" -
NET MARGIN(Custom "Pay Out Amount" - "IPO Amount" -
column) "Mutual Fund Amount" N/A N/A
Formula:
Total margin Cash Margin Avail + "Adhoc Margin" +
available(Custom "Notional Cash" + "Direct Collateral"
Column) +"Pay In Amount" + "Collateral Value" N/A N/A
Formula:
"Total Margin Available" - "Remarks
MTF MARGIN AVBL Value" - "Adhoc Margin"
Formula:
"Custom Scrip Basket Margin Present" -
MTF REQ "CNC Unrealised MtoM Present"
 Formula:
MTF SHORTFALL "MTF MARGIN AVBL" - "MTF REQ"
This will be use as
margin available
to calculate MTM
Notional Cash Notional cash margin updated N/A warning%
This is Ad-hoc Margin added (positive
value) or reduced (negative value) for a
client based on need identified by the risk This will be use as
department it could be unclear cheque margin available
amount OR any additional limit based on to calculate MTM
Adhoc Margin approval N/A warning%
This is the amount of funds transferred This will be use as
online by the client through his linked margin available
bank account by using the online funds to calculate MTM
Pay In Amount transfer facility N/A warning%
All margin used will be display
here,Which column display negative OR
positive margin used are mention in
Margin Used column"3" N/A N/A

Only Unrelized Loss will be consider here

& Unrealized profit if any will be net off Unrealized loss
with unrelalized loss & Only net will be shown as Unrealized Loss
unrealized loss if any will be display in positive value in will be consider
Unrealized MTM including option sell Margin used for MTM
Unrealized MTM Prsnt position column Triggered
Realized Profit
would not added
in margin
available but will
be adjusted
against unrealized
loss for MTM
Realized Profit & Loss will be shown here Warning
Realized MTM Prsnt except Option positions across segments N/A calculation
CNC Realized
Profit would not
Loss will be added in margin
display as available but will
positive values be adjusted
in Margin used against unrealized
& Profit wont loss for MTM
CNC realised MtoM Intra-day CNC Buy & Sell transaction any show in margin Warning
Present profit & loss will be display here used calculation
SPAN Margin blocked for This will be
SpanMarginPresent FNO/CDS/BFO/MCX/NCDEX Segment show as positive N/A
 value in Margin
used
This will be
show as positive
EXPOSURE Margin blocked for value in Margin
ExpMarginPresent FNO/CDS/BFO/MCX/NCDEX Segment used N/A
This will be Premium paid will
show as positive
be deducted from
value in Marginmargin available
used incase of for MTM Warning
premium paid & & Premium
Premium Paid will be shown as positive negative valuesreceived will be
values & Received will be shown as in margin used added in margin
Negative values also any intra-day P&L on in case of available for MTM
options position will be display here premium Warning
Premium Prsnt instead of in Realized MTM column received calculation
Only CNC buy
Scrip basket
margin value will
be deducted from
In this Column Margin used for CNC This will be margin available
Buy/NRML Buy or Sell/MIS Buy or show as positive to show further
sell/MTF Buy will be shown as per margin value in Margin MTM warning in
ScripBsktMarginPresent % mention in basket against each product used other products
This will be
This will be used only in Commodity show as positive
Additional Margin segment for Additional Buy or Sell margin value in Margin
Present levied by the exchange used N/A
This will be
This will be used only in Commodity show as positive
Additional Pre Expiry segment for Additional pre expirty value in Margin
Margin Present margin levied by the exchange used N/A

This will be used in FNO Segment E-5 day

margin published in back-end for ITM This will be
option positions & Also will be used for show as positive
Delivery Margin Commodity segment delivery margin value in Margin
Present levied by the exchange used N/A
This will be
This will be used only in Commodity show as positive
segment for Tender margin blocking value in Margin
Tender Margin Present levied by the exchange used N/A
This will be
This will be used only in Commodity show as positive
segment for Special margin blocking value in Margin
Special Margin Present levied by the exchange used N/A
 This column is only for display purpose to
see unrelaized profit or loss in CNC buy
CNC Unrealised MtoM position,no any impact on margins as
Present CNC 100% Margin are paid upfront N/A N/A
This value will 100% CNC Sell
be shown as benefit will be
Negative in considered for
CNC Sell proceed of 80% against actual margin used MTM warning
CNC Sell Credit Present sell value will be display in this column column calculation
This is the sum total value of holdings
(after haircut) in securities that are
approved for collateral & are pledge by
the client for margin purpose. The
collateral stocks are revalued at Worst
scenario wherein if Closing price of stock
is less than LTP then collateral value This value will be
changes as per LTP & IF LTP is above close considered as
price then Collateral value will be Margin available
calculate at close price. for MTM warning
Collateral Value N/A calculation
Bracket order
margin blocked
will be deducted
from Total margin
available for
This will be Further MTM
show as positive warning
Bracket order Margin Any bracket order margin blocked will be value in Margin calculation on
Present shown here used other products
In this Column SLBM Product MTM will
SLBM MToM be display
This will be
Any margin blocked in SLBM Segment for show as positive
Borrowed transaction will be shown in value in Margin
SLBM Var ELM this column used N/a
Cover Order
margin blocked
will be deducted
from Total margin
available for
This will be Further MTM
show as positive warning
Cover order product margin blocked will value in Margin calculation on
Cover Order Margin be shown here used other products
This will be
Any Mutual fund apply will be shown show as positive
Mutual Fund Amount here(Currenlty we are not using this) value in Margin N/A
 used
This will be
show as positive
Any IPO apply will be shown value in Margin
IPO Amount here(Currently we are not using this) used N/A
Payout amount
will be deducted
Payout amount from total margin
will not be available for MTM
Online payout raised by client will be shown in warning %
Pay Out Amount shown in this column Margin used Calculation
Gross Exposure Gross Exposure of FNO position will be
Derivative Present display here N/A N/A

12 Liquidation

As mandated and with the voluminous liquidations, we are inching towards real-time liquidation where the customer and the
servicing dealer have to be aware of the position, margins and shortfall and no email / call communication is available for the dealer.
The customer will get the SMS and he has to make the shortfall through the NEO payment modes. Any fund added outside the neo
ecosystem does not flow seamlessly and can impact the customer liquidation. Below is the type of liquidation that keeps happening.
Tentative timelines are mentioned.

 Derivative shortfall 9:30 AM

 MTF shortfall – 1:30 PM
 Overdue Debit – 1:30 PM
 CUSPA – 12:00 PM

For the below 2 types of liquidation, we capture remarks that are available in the order book and trade book. You can add this
column for better clarity on the type and basis on which Risk has liquidated the positions

Intimations to:

 All kind of shortfall: Client ( SMS, Email) , Dealer (Email), Franchisee (Email) : Intimation is sent before market starts..
 MTF shortfall : Dealer (Email)
 Overdue Debit : Client (SMS, Email, APN, Whatsapp), Dealer (Email) (ICS MAPPED DEALER)
 CUSPA : Dealer (Email)

Overdue Debit:

Unlike ITMS, there is no concept of Redline. You will get an email of tentative cases. Client account will be blocked for trading until
he clear the overdue debit by doing payin. Once client do payin, account will get automatically unblocked and client can then trade
Communication for all such cases will go to the customer through the below modes.
A. WhatsApp
B. APN
C. Email
And for some time through SMS

WhatsApp content:
 Rs.432405.72 is overdue in your account RLP14 since more than 5 days. Click below to add funds and avoid liquidation of
your stocks. You can also sell your stocks except your MTF positions to clear the amount due.T&C apply - Kotak Securities

13. How to mark Withdraw/Payout on Nest Trader?

Important Note:

1)Link will work only in Google Chrome & Microsoft Edge, make sure you have set your default Brower accordingly.
2)In case of quarterly payout process, dealer will not be able to modify the payout request.
3)Dealer will not be able to request payout for more than the withdrawal amount.
4)Payout requested will not block the limit.
5)If client has multiple banks registered , payout will be done to the default bank. Client can change the default bank from mobile
app.

Important Behavioral changes

MTF:

20 % margin of the sell value will be blocked when you place any sell order for an open carry forward MTF position. There is a gap in
the system due to which until your orders are executed, both this 20% and the existing margin required for the MTF position will be
blocked. Once the order is executed, the required margin will be released. This method works on a FIFO basis.

So if you are doing intraday in any scrip that you have as an open position in BOD, the system will block the margin on a FIFO basis.
Unlike ITMS there is no separate screen where you can check how much margin is available for MTF separately. For ease of working,
we are uploading the category 2 stock value under the “REMARKS VALUE” column and you can customize your limit screen with a
custom formula to check the same.

Time being Solution: Please place your intraday trades in MIS products.

Sell Benefit against stock sold under CNC and MTF

Type pledge stock non pledge CUSPA

Sell benefit 80% 80% (ks dp) 0

MTF Position Margin charged - 20% of sell value Margin Charged Margin Release
100000 35 35000 15000
500000 40 200000 100000
500000 50 250000 150000
500000 60 300000 200000
500000 100 500000 400000
General FAQ

1) Payin/Add Funds

How long does it take for deposited funds to reflect in my trading account?
Funds transferred through any payment methods, netbanking, UPI, or Kotak's direct access would be reflected
in your trading account instantaneously

Can I make an IMPS/NEFT/RTGS transfer from an unlinked bank account or someone else's account? (third
party transfer)
As per regulatory guidelines, fund transfer can only be made from your own linked bank account.
If you make a payment into your beneficiary bank account using a bank account that is not linked with Kotak
Securities Neo, the amount will get refunded to the same bank account by the same method that was used to
deposit and you will not be able to avail increased limits to trade.

2) Payout/Withdraw Funds

Why are my unused funds credited back to my trading account?

As per SEBI guidelines, any unused funds lying in your trading account as on the first Friday of every
month/quarter, depending on the frequency opted by you during the time of account opening, will be credited
back to your linked bank account. In case you have opted for a daily settlement cycle, the unused amount shall
be credited back to your linked bank account on the same day.

Can I withdraw the amount transferred on the same day?

Any pay-in request placed will reflect in the ledger within the next day i.e., 24 hours. After this a pay-out request
can be processed.

When will I receive funds in my bank account after my withdrawal request is placed?
Withdrawal requests are usually processed around 4 PM on working days and the funds are transferred to your
bank account by the end of the same day. However if you have placed the request post 4 PM, you will receive
the amount by the end of the next working day.

Requests placed on weekends and bank holidays will be processed on the next working day.

3) Trading

How do I compute margin is available with client for trading?

No computation is required if you have added Net Margin column, it signifies the limit available in client’s
account for placement of order. Order where margin required is more than Net Margin would get rejected due to
shortfall of funds whereas Order where margin required is less than/equivalent to Net Margin would get
successfully accepted.

My client has open FNO position, how can I know whether his position is at risk?
You can know on real time basis whether your client is in shortfall if the NET Margin column is negative in RMS
View Limit window Or “Margin warning %” are above 100%

Can the Client trade against realized profit in intraday or carry forward product in any segment?
As per new margin reporting framework, now Client cannot trade against Realized profit in any segment in Intra-
day or carry forward product.

Can Client buy option against option premium received?

Yes, Client can take option buy position against premium received in same segment only
Can Client buy option against option premium received in another segment?
No, Client cannot take option buy position against premium received in another segment. Example Option
premium received in FNO segment cannot be used for option buying in Commodity segment OR CDS segment
& Vice versa.

Can Client sell option position against option premium received?

NO, Option writing is not allowed in any segment & in any product including intra-day against option premium
received.

Can Client take Futures position against option premium received?

NO, Futures trading is not allowed in any segment & in any product including intra-day against option premium
received.

Can Client trade in cash segment against option premium received?

No, Cash segment trading in any product including intra-day is not allowed against option premium received.