Comment on POA - Power of Attorney for your Demat account

Ateet commented on 31 Jul 2014, 12:03 PM

Hi Nitin

In case of pledging equity shares for using them a margin in FnO trading:

1) What are the transaction costs for the process of pledging and un-pledging?

2) If I have pledged shares worth 100 Rs and I get margin worth 80 Rs (after haircut) for them and I also have 200 Rs separate cash margin available in my account, how much cash margin and how much collateral margin will be blocked if I take an FnO position which needs a margin amount of 150 Rs. In other words, which kind of margin is used up first, Cash or collateral?

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