Will I be able to make BTST trades under the new Cash margin system?
regulations require at least 20% upfront margin before initiating a sell
transaction. So you can only initiate a BTST transaction only if the net
available margin displayed in the Funds section in the mobile app/web login is
equal to or greater than net available margin. If the net available margin is less than 20% of
the sale value, then your order will be rejected as per the RMS policy.
What is BTST Trades?
BTST (But Today Sell Tomorrow) trades are those trades where you purchase shares and sell it at your sole discretion on T+1 day or T+2 day i.e. before the trade is settled and the shares are not delivered into your DEMAT account. The risk with BTST ...
How will peak margin affect my margins for trading in the Cash 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 Delivery sell: Currently, we release 100% of Sell value ...
Will I get 100% margin benefit upon sell?
No, 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.
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 ...