Comment on Understanding the new margin pledge system — effective Aug 1, 2020
commented on
20 Feb 2023, 10:39 AM
Hi Sreejith, the collateral amount received is calculated from the previous closing price of the securities after the haircut. If the value of the security pledged increases, the margin too will increase, and vice-versa if the value decreases. You don’t have to unpledge and pledge the securities again.