Comment on ETF - Exchange Traded Funds
Dear Nithin
I have few doubts based on your remarks below :-
1. Is it possible to pledge only liquid bees or any ETF will do like Niifty ETF or Gold ETf etc ?
2. Are there any transaction costs or interest costs when your ETF is pledged for option writing ? Any details
3. What is the time interval involved between pledging and unpledging ? Suppose you wish to write a call in the next five minutes, will it be possible to do the same without seeking support from anyone and doing it on your own !
Please advice and thanks in advance.
Nithin Kamath says:
June 28, 2015 at 11:43 am
90% of liquid bees pledged can be used as margin. Remember though that only option writing/shorting is allowed using collateral margin.
ΒΆ
Reply