Today morning received email from NSE stating that CM Zerodha has allocated cash component certain amount , which is 3 times higher than span and exposure margins blocked by zerodha ? ( say if zerodha actually blocked 1 lakh as span and exposure margins for fno trade , email stating that allocated 3 lakhs for FNO segment ) . Should i contact support and ask for this ?
The Clearing Corporation (CC) sends emails and SMS to comply with the SEBI guidelines (WEB). As per the regulations, stockbrokers are required to allocate client funds segment-wise with the CC. This means that the balance maintained with Zerodha will be segregated and allocated segment-wise depending on the trades and margin utilisation. You don’t have to take any action because the email and SMS are sent only to inform you of the segment-wise allocation.
This support article explains it in detail here:
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Why is that we get out dated allocation information from nse? something like 1 yr past one.
Checking this. You will have an update on the ticket shortly.
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Can you please assist?
Support at Z is still clueless and have not reverted.
Sorry about this. Will have someone from our team reach out.