Comment on Margin required for trading currency going up - July 9, 2013

Nithin Kamath commented on 10 Jul 2013, 03:54 AM

anand,

The margin required would basically double for writing options and trading futures. If it was Rs 2000 earlier it will now be Rs 4000.

That said, we at Zerodha will start giving intraday leverage to all our currency traders if you are using the product type as MIS for USDINR contracts. You will be able to trade at 50% of the overnight margin, so the increase in margin won’t really affect you then. But if you are an overnight trader it will.

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