Comment on Understanding the new margin pledge system — effective Aug 1, 2020

johar commented on 29 Jul 2020, 08:55 PM

So to be specific,
I will have to close all my positions that need margin from Pledged Shares/MF on 31st Evening . You will unpledge over weekend. On Monday(3rd August) I will have to re-pledge. I will receive margin on Tuesday. then I can enter positions. Is this correct. ( I will be out of business from Friday night to Tuesday)
Can we distribute this process through out Auguest ?

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