Comment on Intraday leverages reduced across the board

pradip commented on 07 Jan 2020, 05:48 PM

there is a relief in pure intraday trading as the margin is reported at the EOD and as if the trade was closed before 3.30 in the same day than broker have no need to report the margin which inturn gives a exemption from the penalty for the upfront margin for the client .This facility (exposure) is taken back by the SEBI for BTST OR T+2 KINDA TRADER .As the btst and t+2,5 day trader are in bigger risk and hence it is giving more risk for the brokers also ,So SEBI have taken the measure for the safety of the brokers and retail investors.

View the full comment thread »