@nithin @siva-reddy I would I like to ask if I want to create position in overnight in options with margins providing by pledging my security is like equity Etf and equity portfolio then I required to maintain 5050 ratio and pledge amount and cash for cash zerodha offer to maintain margin by pledging cash equivalent like liquid bees or any other security my question is that if a person who is the position overnight bye bye utilising the margin available by pledge cash equivalent only then it required to maintain 50% percent of margin in cash also or or it is settle only with cash equivalent pledging
Second question if a person who is the position then the ledger balance course negative interest leveid person daily after settlement or the position open and not settle still required to be interest.
In this case, you can maintain entire margin in form of cash equivalent collateral.
In this case there will not be any interest. Interest is applicable only if you use more than 50% of non-cash collateral margin for overnight positions.
Also, it’s always best to keep some cash in the account to settle any losses and charges, the collateral margin cannot be used for this even if it is considered as cash-equivalent.
@ShubhS9
I still get not the answer if I maintain a margin for own position is in cash equivalent then I require d to maintain 50% of the position in cash if not then the position open charge interest or not if not then surplus cash is there for a certain losses is there yes I am not using that cash for my position
Elaboration suppose I have 1 lakh rupees position used by using margin provided by collateralising cash equivalent and according to SEBI rule I require to maintain 50000 in cash to utilise this position for overnight if I have not able to then broker and this case zerodha operate that trade by providing 50000 from his pocket and charge interest on me or if this is a cash equivalent then there is no need to maintain 50% in cash