How will peak margin affect my margins for trading in the derivatives segment?
For Intraday- Intraday exposures will now be restricted to max 5X. Currently, we offer up to 6.6666 X on some category of stocks but post-Sept 1 maximum exposure will be restricted to 5X.
For Hedge Margin Trades- 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 followed, your peak margin requirement may shoot up and if sufficient margin is not available, it may lead to a penalty which has to be borne by you.