MTF in Zerodha - Issues, Howto

[Vijay3]

@ShubhS9 - Is MTF beta rolled only for a few customers as of now bcos I don’t see it in my Kite mobile app?

Also is DDPI mandatory for MTF in Zerodha?

[ShubhS9]

@Vijay3

Is MTF beta rolled only for a few customers as of now bcos I don’t see it in my Kite mobile app?

MTF is currently in beta. It will be available in Kite in coming updates. Currently, you can fill out the form given here if you wish to trade using MTF.

@Vijay3

Also is DDPI mandatory for MTF in Zerodha?

Yes. DDPI is mandatory.

[Vijay3]

@ShubhS9

Below questions

1. For pledging why do we need DDPI why it cannot be done manually after a trade?

2. Does the initial margin required from client side for a trade is only cash in trading account or even Liquid funds is also considered as margin?

[VenuMadhav]

@Vijay3

For pledging why do we need DDPI why it cannot be done manually after a trade?

In the situation that we have to sell shares for non payment, it’s easier to do with a DDPI on the account since there’s no need for otp from the client.

@Vijay3

Does the initial margin required from client side for a trade is only cash in trading account or even Liquid funds is also considered as margin?

Only cash for now.