Peak margin, Intraday leverages, & 2nd order effects - Dec 1st 2020

[siva-reddy]

@sid_1599

1- Margin from pledging stocks: will this be considered for peak margin requirement?

2- What happens if there is a FNO position(intraday) of peak margin requirement: 20L.

There is margin from stocks: 20L and liquidbees/overnight fund of 5L. Will this combination cover the 50% from stocks and 50% cash requirement? Will there be interest charged(zerodha or SEBI) on the missing cash requirement?

Same way as eod margins, 50% cash and 50% collateral is required for peak margins.

@sid_1599

Is the snapshot time defined?

No.

@sid_1599

Anyway/alert to know when peak margin is being exceeded before trade execution? API or other?

No way but don’t do intraday fno trade from proceeds received from holding if you intend to buy back the same stock before close of the market with no extra funds in account.

@sid_1599

For people using API this will imply a lot more backoffice information required, are you guys working on this? If yes, when can we expect it to happen?

Nothing as such.

@sid_1599

The peak margin penalty is 0.5-5% of the trade value. Can you please explain this in terms of a BANKNIFTY futures trade? Which of the percentages get applicable here and on the trade value or i.e. Lots x Banknifty price or the shortfall in margin?

Can check this.