and will still get margin benefits as per current leverage that you provide right?
when actually this conversion will not be allowed then?
Hi Nithin/ team zerodha,
Not sure if I m writing my query to correct place or notâŚjust giving a tryâŚ
Question as a laymanâs term do I need to pledge / unpledge or keep margin in my funds to do trading intraday delivery or btst after this new rule by sebi as we didnât have to be bothered alll of these till now it seems.
Your reply would be highly appreciated.
Thnk u.
New leverages will come from dec 1st,once peak margin reporting starts.
If you are a fno trader then it would be recommended to pledge and get collateral to trade instead deploying more cash, margin for fno should be in the ratio of 50% cash and 50% collateral. If you are a equity trader then this you can ignore about pledging.
@nithin @siva-reddy can you Explain me Difference Between Leverage and Margin Funding And How margin Funding can be Helpful for retail Trader After SEBI 100%Upfront rules after 1st SEP 2021
Do Reply
so from 1st Dec, conversion of NRML/MIS and vice versa wonât be possible due to peak margin reporting system. till then we can convert and free up margin right?
Conversion will be possible provided you have enough margin.
didnât get you, margin wouldâve been already there as we wish to convert from NRML to MIS to free up some margin to enter other positions, so which enough margin youâre referring to? iâm confused.
Which means the broker can fund for clients to trade in FNO?
Not F&O. Margin funding is allowing customers to buy stocks with leverage for delivery.
Penalty for margin shortfall, right? No changes, the rates are same.
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Hi Nithin,
I have a question on BTST. If i do a BTST on futures, still 40% of margin will be blocked on T1 day? or is this 40% rule applicable only for stocks?
@nithin @siva-reddy - I have been trying to pledge my SBIN shares for 3 times and itâs getting cancelled out somehow by your system. After following the steps mentioned in here https://support.zerodha.com/category/console/portfolio/articles/new-pledge - I get the CDSL verification email but on clicking the verification email and providing the PAN card, CDSL system throws out an error âMargin pledge setup is not present for input PAN no.â
I have already tried reaching out to support but they are closing out the support case by simply sharing the link for âhow to pledge your sharesâ. Are you seeing any problems with pledges getting cancelled out?
This is only for stocks, the margin freed from square-off of Futures position can be used without any restriction.
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wow thanks⌠that totally opens a new window for me⌠also my gratitude to the entire zerodha team for doing wonderful job.
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Can you message me ticket number?
Is the week ended or kindly let know the duration of week as per your calculation ?
@
Understood. INtraday profit will be seen after T+2.
But can we utilize the intraday profit on same day.
It is not showing in kite.
If we canât use use intraday profit on same day does that mean trades profit from one trade cannot compensate loss in another trade on the same day/session ?
Advice quickly. Also whenever I call your contact center , I just hear music rarely does someone picks call. This is a feedback as the sidenote.
You cannot utilize Intraday profit on the same day. You can only use it after settlement happens on T+2, until then it doesnât reflect in Kite balance but will be shown in closing balance on the Console ledger.
Right, profit in one trade wonât compensate for the loss in another trade.