mQuant copies every order from the Sykes & Ray derivatives desk into your own trading account, sized to your capital, within milliseconds. Your money, margin and positions never leave your name.
Our traders run derivatives strategies on the firm's own accounts. When you follow a strategy, each of their orders is repeated in your account at the size you chose. You see the same positions the desk holds, in proportion.
Each strategy lists what it trades, its risk band and the capital one set needs. A short questionnaire sets your band, and you can only follow strategies at or below it.
A size of 1x copies the desk's quantity. 2x doubles it, 0.5x halves it. Sizes always round down to whole lots, so you never hold more than you asked for.
From 09:15 to 15:30 every new, modified or cancelled desk order is copied into your account. Nothing is sent outside market hours.
After the close you get the day's trades, open positions valued at the exchange closing price, and P&L, matched to the broker's records.
A copied order goes out only if it passes every limit. If it would break one, it is refused for your account rather than quietly shrunk, so your positions never drift from what you agreed to.
Everyone sees only what they need to do their part.
Follow strategies and track your own results.
Run the strategy and see how well it was copied.
Oversee every strategy and every client account.
Each client order is linked to the desk order that caused it. Every evening our records are compared, contract by contract, with the broker's back-office report. Differences are flagged, never smoothed over.
| Contract | Broker report | mQuant | Check |
|---|---|---|---|
| NIFTY 23400 CE | 1,950 bought, 1,950 sold | 1,950 bought, 1,950 sold | Matches |
| SENSEX 77100 CE | 120 bought, 120 sold | 120 bought, 120 sold | Matches |
| NIFTY 24200 PE | 65 sold, 65 open | 65 sold, 65 open | Matches |
Illustration of the evening check. Quantities and P&L are compared for every contract you traded.
You do. Your funds and positions sit in your own trading and demat accounts with Sykes & Ray, the same as if you placed the orders yourself. mQuant only places orders in that account on your instruction.
That order is skipped for your account and you are told why. You will then hold a different position from the desk until you add margin or close it, and your statement shows the difference.
Close to it, but not always the same. Your order reaches the exchange a few milliseconds after the desk's, and fast markets can move in that time. Your statement shows your actual prices.
Yes, at any time. New orders stop at once. Open positions stay in your account, and you can close them yourself or ask the desk to.
Brokerage, exchange charges and taxes apply to your trades as usual. Any fee for the strategy itself is agreed with you before you start.
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