Comment on Online pledging of stocks for trading F&O
commented on
01 Nov 2019, 12:32 AM
Interest is charged on “overnight” debit balance only right?
As I understand, there are no charges for using collateral margin for intraday transactions (with no cash in hand), right? Also, what if I incur loss of 10k and my cash balance goes in negative (-10k), interest will be charged on negative cash balance (-10k) or pledged stocks/liquid funds will be sold?