How is Margin Funding for Intraday F&O possible?

[siva-reddy]

@Kunal_Gupta1

Is the peak margin reporting applicable to prop books of brokers too?

Yes, for all participants it is applicable, not sure for prop accounts.

@Kunal_Gupta1

I heard from somewhere that some stock brokers were getting extra intra day trading leverage via specialist NBFCs that give guarantee to clearing corporation (Not sure how this arrangement works) and this helps in bypassing peak margin reporting norms. Is this true?

Yeah, few brokers are trying to game the system for high networth individuals, and NSE has released this circular warning about it, but can check this news article to understand the modus operandi.