Comment on Understanding the new margin pledge system — effective Aug 1, 2020
commented on
29 Jul 2020, 08:28 PM
You will need to have margins for your positions. Positions may be squared-off or attract penalties if not. Since this is a regulatory change, we are required to unpledge and you would need to re-pledge. However, we’ll do this activity over a weekend so you can re-pledge easily. Margins from re-pledge will be available from T+1.