Comment on Quarterly settlement of funds & securities
commented on
05 Oct 2018, 08:58 PM
My question is i trade on intraday basis utilizing pledged margin. So, will i be able considered for this monthly settlement process? I technically do not buy positions i buy and sell on same day. Does the margin is unutilized in this case?
“In case of pledged securities, the only way out of not having to go through the entire pledge/unpledge requets would be to take a F&O position utilizing the collateral value completely on at least one day during the quarter.” This confused me a bit.
Whole idea is i don’t want to pay pledging charges every 90 days. Any way out?