At 5Paisa, We Provide Equity Delivery Exposure of 1x and Intraday
as 5x for Cash Segment in NSE & BSE.
For Paylater (MTF), We provide exposure upto 4x.
For NSE & BSE Derivatives, NSE Currency Derivatives & MCX Commodity we
provide exposure of 1x.
Important Points to Note:
Haircut is the difference between the market value of the collateral (here the
shares are pledged as collateral) and the Collateral Margin that the stock
broker gives you in order to trade in stock market. It is generally expressed
in terms of percentage.
As per the SEBI guideline, In addition to margins applicable for F&O
segment, delivery margins shall be levied on current expiry long option
positions four (4) trading days prior to expiry of derivative contract which
has to be settled through delivery.
We have to block additional margin on current expiry long option positions four
(4) trading days prior to expiry of derivative contract.
10% of Delivery margins computed on Expiry - 4 Day
25% of Delivery margins computed on Expiry - 3 Day
45% of Delivery margins computed on Expiry - 2 Day
70% of Delivery margins computed on Expiry - 1 Day
100% of Delivery margins computed on Expiry Day
Profit realised in intraday trades will not be considered as margins till the
settlement is completed by T+1. Hence, execution of fresh trades in F&O
during the day against such profit will be disallowed.
Option premium released during the day on account of squaring off an existing
long option position will not be considered as margins for executing any fresh
trades during the day. It can only be adjusted against premium required for
Buying further options.
Please note that any fresh trades executed in your account which is not in
adherence to the above shall be subject to margin shortfall penalty.
You are therefore requested to ensure adequate margin availability in your account
before placing any fresh trades.