Prime FAQ's

1.What is Talkdelta?

• Talkdelta is delta hedging software. Talkdelta is India’s one of the fastest-growing derivative market solutions providers. Talkdelta has developed a range of solutions backed by over 15 years of derivative market experience. Talkdelta has made its name for trust and 100% customer satisfaction by continuously upgrading technology and services as per requirements received from brokers and traders.

2. Can trader Carry Forward Equity anytime within a month?

• No, Trader can carry forward equity on the monthly expiry only.

3. Does TalkDelta website supports multiple language?

• No, Talkdelta website available in english language only.

4. If we change colour settings from Open Portfolio, it will reflect on Live bhavcopy?

• Yes, If we change colour setting from open portfolio (1st screen) reflects on live bhavcopy (2nd screen).

5. Is there any dependency of automatic days reduce in settings?

• Yes, we enable automatic days reduce setting from settings > system settings also sets time and value intervals for automatic days reduce.

6. From which form we can set rate increments values?

• File > Modify Portfolio.

7. Mention form name from where we can check daily trade count?

• Trade transactions log shows number of transaction made by trader datewise.

8. what is support contact number and email id for talkdelta?

• contact number - 9909978783

• Email id - support@talkdelta.freshdesk.com

10. How to enable spot rate? Explain in detail

• First close the form (F10 ).

• Go to files menu > modify portfolio > select the portfolio eg - nifty and click on the enable spot price.

• Then go to master > scrips now type nifty in search by scrip name. then double click on the nifty and enter spot name (NIFTY - NIFTY 50 , BANKNIFTY - NIFTYBANK , FINNIFTY - FINNIFTY) for nifty i will enter NIFTY 50 then click on update. then go to tools and click on the update spot name.

• Go to 3rd screen ( Live Summary portfolio) go to last columns and check spot name and spot rate enabled or not.

11. Explain token upload process step by step in detail, also explain use of token upload?

• To upload token go to special tools > token / bhavcopy upload then one window will open first click on download (those using internet can download or set network path in settings > system settings > upload menu where letest contract security files are stored, others have to get contract security files from broker and keep in to the talkdelta access setup folder)

• once file downloaded click on contract file upload, one small window will open now click on upload once upload completes close that window.

• do the same for security and cd contract file. then click on map token. or you can map token from files > modify portfolio select all and click on map FO token then click on map eq token and then click on map currency token.

• token are important for live feeds as nse provides live feeds through these token numbers and token number keeps changing and these changed token number are stored in contract security files. so if the tokens dose not mapped for long time then there will be delay and mismatch in live rates as well as ltp live iv and M2M balance. that's why token are very important.

12. What is difference between Open Portfolio and Live Bhavcopy?

Open portfolio - 1. Open portfolio is 1st screen of talkdelta where all calculations done as per the theoretical price.

2. on 1st screen we can see portfolios upto 99 after that it will show only one portfolio at a time.

3. Open portfolio screen calculates net delta neutral and lot wise delta neutral.

4. open portfolio screen has features like change colour setting, delete hand entries, shortcut to hide-unhide squared off strikes. etc

5. VWAP and VWAP 30(last 30 mins) shows on this screen.

Live bhavcopy - 1. Live bhavcopy is 2nd no screen where all calculation done as per live rates.

2. in 2nd number screen only one portfolio is visible at a time.

3.live bhavcopy screen shows LTP, Live IV, LIVE M2M Balance.

4. live bhavcopy screen has features like VAR analysis, graph simulation, todays position. etc.

5. VWAP and VWAP 30 values not shown on the live bhavcopy screen.

13. Explain multiple file upload settings with example?

• Multiple file upload is one time setting we have to do. Go to system > multiple files upload settings. in this we set the path for FO, EQ , currency.

• first copy the path where trade file is generating. eg - for Odin file path is Odinintegrated\client\onlinebackup\nse derivatives or equity \trades\

• then enter prefix (text or number) before date (FO) and postfix (text or words) After date(TRD). eg - FO0721TRD.txt

• then select the date settings if file is 0721 then date format will be mmdd. then select the file type ( future for fo , equity for eq). then save the path and and then upload the path saved. refer the image.

• Or we can browse file path.

14. How to create, modify and delete user?

• For this go to master menu and click on users.

1.To Create new user click on new and fill the details name, user code, password, confirm password. then click on save.

2. To modify user select the user by double clicking on user and then u can modify the user details like user code and user name.

3. To delete user select the particular user and click on delete.

15. Explain Types of login step by step?

• There are three types of login.

1. Over manager - For over manager login we install UMT (user management tool) In the admin pc. then we add users in the user management tool. we have to install prime in traders machine and traders machine must be in network with admin machine. once we added user in UMT. now open prime login page select over manager option and click on login then it will ask for ip address and port , enter ip address of admin machin and port in the UMT machine 8888. or you can do the setting on login page click on right side setting and do the same setting. admin machine will check login authentication for every 1 sec with end users machine.

2. Over internet - login over internet the machine must have access of internet. for every 30 mints will be checked with cloud for login authentication.

3. Offline licences - when user don't have internet or UMT then we convert the license from online to offline by license key. the user must agree with terms and conditions then and then only we can convert the license to offline. for offline login internet and UMT is not required.

• User can login via 1. LOGIN ID 2. MOBILE NO. 3. EMAIL ID. and password.

16. How many types are there in Broadcast settings? Explain each type in detail

• There are 3 types of broadcast settings available in talkdelta prime.

1) IBT (Internet) - Here we provide live feeds over internet through our algo server. there are three algo servers available (algo server 1, algo server 2, algo server 3). another option we provide is Office address - here we can give feeds from our UAT feed server machine). we charge 4k annually for this feature.

2) Lease Line - Feed Server - For this we have to install user management tool and feed server in admin machine. the admin machine must connect with dual network ( internet and lease line) and other users machine must be in network with the admin machine. we install feed server & SQL in admin machine. in traders machine we have to do broadcast setting , select 2nd option lease line feed server then fill the SQL instance name, database name, database user id, database password etc. then test the connection and connect. once this setting the traders will get live feeds from feed server. so here we provide lease line to only admin machine (not to all users) so that the load will decrease on lease line.

3) Local Network - Here, those users who are connected to their lease line can get live feeds by doing this setting. first enter ip address of the local machine and then enter dest ip 233.1.2.5 and for port go to talkdelta folder > connection reader folder > then open algoiqconnectionreader.exe select machine's ip and click on the start . after 15 sec the ports will be shown for FO EQ Currency enter this ports in above setting.

• Keep tick on Keep broadcast always on and if want EQ rates then keep tick on use equity broadcast. then set time interval and save the setting.

17. Explain token upload process step by step in detail, also explain use of token upload?

• To upload tokens go to special tools > token and bhavcopy upload.

• One window will open first click on download (those using internet can download others have to get contract security files from broker and keep in to the talkdelta access setup folder)

• Once files download click on contract file upload, one small window will open now click on upload once upload completes close that window then do the same for security and cd contract file.

• Then click on map token. or you can map token from files > modify portfolio select all and click on map FO tokenS then click on map EQ tokens and then click on map currency tokens.

• Tokens are important for live feeds as nse provides live feeds through these token numbers. this token numbers keeps changing day by day. so if the tokens dose not mapped for time live then there will be delay and mismatch in live rates as well as LTP LIVE IV and M2M balance.

18. Explain Close out process in detail.

• After the weekly and monthly expiry run close out to close traders open positions as per bhavcopy closing price.

• First download cm and fo bhavcopy of expiry date and open prime > go to special tools click on close out.

• close out exe will open (you can open it from talkdelta access setup also) now first select the date as expiry date. connect EQ and FO bhavcopy then click on save and close out. the massage will show that close out done successfully.

• To Check closeout backup from database > show close out backup.

19. Last 50 trades

• Last fifty trades made by trader shown in the last 50 trades.

21. Carry Forward Equity -

• This feature used on the monthly expiry date to carry equity to the next month.

• First create that portfolio of next month expiry and then select portfolio click on settings > carry forward (equity only) > click on ok > equity carried to the next month successfully.

22. Live Market Dynamics -

• Live market dynamics are available on the summary portfolio ( 3rd screen) and Live summary portfolio ( 7th screen).

• Live market dynamics shows upside-downside risk of a portfolio.

• we enter increment-decrement percentage on 3rd and 7th screens setting then we can see rate+, rate-, Balance+, Balance-.