Comment on Online pledging of stocks for trading F&O

Nithin

1. Are Govt Tax Free bonds like the ones recently issued (IRFC, Railways, Hudco etc.) eligible for margin if transferred to your DP?

2. I agree that your method of pledging for margin is more secure, but the method some other brokers use (ie. no formal transactional pledge/unpledge takes place but broker somehow provides margin against shares with POA, not sure how they do it) for margin is also desirable. E.g. I would like to churn my equities portfolio, while being free to avail margin for MIS intraday trade.

Can you tell how other brokers do it and why you don’t wish to do it that way? Maybe you can provide both methods of margin and let the customer take the call on how he wishes to avail it.

Also, being a newbie the only bees I am aware of are pesky & bothersome creatures but definitely solid, though fragile. Would you kindly throw some light on these liquid bees 😉

Thanks.

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