Margin With Liquidbees and Shares/ETF's

General
1

Hi,

I have pledged My ICICINifty ETF say 120 quantity. Which gave me around 1Lakh of margin as collateral.

I have Pledge my Liquid bees Say 160 quantity which gave me around 1Lakh of margin as collateral.

I have no cash in my account. The only margin Money I have is Collateral Margin Money.

Now can I trade of 2 lakh without paying interest. ?? That 50% rule will we applicable? Or Liquibees will be considered as cash?

Please clarify.

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2

Yes you can trade without paying any additional interest because liquidbees collateral is equivalent to cash.