Comment on Online pledging of stocks for trading F&O
commented on
02 Dec 2016, 08:14 PM
Dear Nithin
I am bit confused on the the following point –
“Exchanges stipulate that for overnight F&O positions, 50% of the margin needs to compulsorily come in cash and the remaining 50% can be in terms of collateral margin”
If this restriction is imposed by exchanges, should not it be applicable to all brokers ;
I have traded in F&O by pledging my shares in ICICI Direct and 100% margin was allowed in terms of collateral. There was no requirement of maintaining 50% margin in cash. Could you pls clarify..