Comment on Zerodha F&O margin Calculator

Nithin Kamath commented on 04 Feb 2014, 05:39 PM

Yes you can, shoot an email to [email protected] and [email protected], requesting to pledge your stock as collateral. As soon as you do it, the margin after haircut will be released to your trading account. Note that you will be still required to maintain 10% of the margin required for futures as cash, for any probably MTM losses. So as an example, if you give Rs 1lk worth of stock as collateral which has haircut of 20%, Rs 80,000 will be available in your trading account. If you wish to now trade 2 lots of nifty futures which require margin of around Rs 50,000, you can use Rs 45000 from the collateral, but you will need to have Rs 5000 (10%) as cash in your trading account.

Hopefully this clarifies.

Cheers,

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