Comment on Online pledging of stocks for trading F&O

N commented on 07 Sep 2016, 02:55 AM

If I pledge Rs. 1 lakh worth of Liquid Bees and Rs. 1 lakh worth of other securities (having haircut 50%), margin available would be Rs. 90,000 plus Rs. 50,000 respectively, so total of Rs. 1,40,000. Out of this, say the actual margin utilised amount is Rs. 70,000.

If after this, the MTM loss is (say) Rs. 10,000 and there is no cash balance available, will Zerodha sell securities to raise cash or will Zerodha charge interest?

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