How does the SEBI circular on collection and reporting of margins in cash segment from Jan 1st 2020 affect me?

[nithin]

@wacked_motor

As a intraday trader, I am against this move by SEBI…
We all know that almost all retail traders participate in FnO due to leverage only, common accept it… Killing intraday leverage from FnO is like kicking all these retail traders out of the market…

And as rightly said by many, @nithin is the only broker supporting this SEBI move and looks in a hurry to implement it…

Check this

Why did the exchanges publish a clarification on no additional intraday leverage?

@nithin what’s the reason behind the exchanges putting out this clarification now? Why not before? Also, wouldn’t Zerodha lose a lot of revenue, why aren’t you opposing this? When will other brokers adjust to this?