Comment on Zerodha - Margin Policies

Nithin Kamath commented on 27 Aug 2014, 09:10 AM

1. Yep
2. Zerodha Specific, every brokerage will have a different policy based on their risk tolerance. This has nothing to do with NSE VAR, we have our own internal formula to calculate it. Changes only at the end of the day, usually a change only if there is tremendous volatility in a stock.
3. As I said, there is nothing called NSE gives margin. When you buy or sell stocks, NSE will ask for the entire money or entire shares respectively. Because you commit to trade intraday by using our product type as MIS, the brokerage gives you the additional leverage.

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