Yes, under new rule Intraday and Overnight margins will be same.
By brokers association are you referring to ANMI headed by Anup Khandelwal
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Yeah we too wish at-least they will allow few times.
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From Aug 2021 VAR+ELM amount will require to trade in cash segment ?
which is 22% as per above example.
Hi Nitin,
so does that mean options bull/bear spread will become most profitable strategy considering net margin?
Thanks!
Please, please read the post, answered the same multiple times.
It is a phased implementation. There is plenty of time to adjust our trading systems to new regulations(or identify new systems) . I think this panic is a bit over blown. Risks associated with changes in rules and regulations are part of any business. Think positively, we can adapt and grow. Everyone just chill. 
Not allowing a person to use own capital for business is unconstitutional. I think you should reach the courts of law asap.
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Nithin sir may I know your opinion on my comments
I know but people are confusing me.
I just want to know VAR+ELM going to increase to 100%.
Yes.Zerodha giving 50% VAR+ELM which will increase to 100% so leverage will reduce by half.
https://zerodha.com/marketintel/bulletin/249809/latest-intraday-leverages-mis-bo-co
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Haha right the way you put it makes sense, how can the regulator not allow businesses to use own capital
these rules will be applicable to retailers only ? or PMS services firms will also be under its cover ?
For everyone. Btw PMS (SEBI registered) firms canât really do intraday trading. So it wonât anyways matter.
Thanks for infoâŚ
But I can c ZERODHA blocking more margin for Overnight vs Intra while placing trade on âShort Strangleâ
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Sir, can broker fund there client from broker own capital to an extent ? Or do you think that there will be some changes in this circular in future, Broker association will take a stand or not?
@nithin what do you guys ( brokers association ) think are the chances of finding middle ground with the regulator? How likely is it that reasonable MIS leverage will stay?
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Offcourse margin for Overnight position will be more as there isnât any leverage offered, for Intraday when you trade Short Strange using Intraday Order types (MIS, CO, BO) you get leverage and hence require less margin.
If you didnât understand, let me explain it again for you.
Under new rules, you wonât get any leverage for using Intraday Orders (MIS, CO, BO) for trading Short Strangle, and margin required will be the same as it is needed to trade Short Strangle overnight.
Sir, can broker fund there client from broker own capital to an extent ? Or do you think that there will be some changes in this circular in future, Broker association will take a stand or not
Read this.
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