How will peak margin affect my margins for trading in the Cash Segment?
For intraday: For now; there will be no change because currently exposure allowed is less than 10X. However, going forward the exposures will be reduced to 5X.
For Delivery sell: Currently, we release 100% of Sell value for purchasing any other stock or to take derivative position. However. effective December 1st we will only be able to release 80% of the sell value for that day. It means, if you sell a stock worth Rs.1,00,000. Then only 80,000 will be released as margin which can be used to purchase any other stock. From next day i.e. T+1, 100% sell value will be available for trading.
For Buying back delivery sell on same day: If you sell stocks, we will release 80% margin under presumption that we will be able to deliver these shares to exchange in early pay-in. (a) If you don't take any further position on such margin release against sale there will be no change and you can buy these shares back. (b) However, if you take further positions in other stocks and either carry such position or square it off later during the day and also buy the original shares sold against which margin was released then, it will attract margin penalty because, there will be no sell obligation and we will not be able to do early pay-in to exchange.
How will peak margin affect my margins for trading in the derivatives segment?
For Intra day - Maximum margin will be restricted to 2X for all clients. This will affect our Titanium and Ultra trader pack clients where effective 01st December 2020, the margins on expiry day option trades will be restricted to 2X. For Hedge ...
How will peak margin affect margins for Hedge Positions?
Customers today enjoy the benefit of margin if the trades are hedged. Going forward if you square off the hedge position then it is important to square off the leg of the transaction which has higher margin requirements first. If this sequence is not ...
What is Peak Margin?
Peak Margin is the minimum margin that MUST be collected by brokers from their clients in advance of placing any intraday / delivery order in the Cash and derivatives segment. Clearing corporations will randomly take 4 snapshots at predefined time ...
How will I transfer the funds from bank A/c to trading A/c?
You can transfer funds through following ways: Method 1. Net Banking If you wish to transfer funds from your bank A/c to your 5paisa trading A/c, you need to have net banking facility to be activated. We have payment gateway available for list of 44 ...
List of documents required for activating FNO/derivative segment
Post A/c activation; if you wish to activate FNO or derivative segment, you need to provide financial proofs for the same. Below are the lists of documents accepted as financial proof. Any 1 document can be provided: Latest 6 months bank a/c ...