Comment on Online pledging of stocks for trading F&O
commented on
09 Dec 2019, 07:56 PM
Hey Avishek,
as the share price fluctuates, your collateral amount will be adjusted accordingly.
Say, the share of Rs 100 with 10% haircut was pledged, you have Rs 90 as collateral. The next day the share price is Rs 110, your collateral value will be Rs 99. The cost of pledging at Zerodha is Rs 60 + GST per pledge request. There is no cost for un-pledging.