1. The dividends get accumulated to your pledge holdings itself. Whenever you unpledge, it will come to your demat. The fractional units can't be sold on the exchange, there is a different buy back process for this. Check this link.
2. Pledge value is revised end of everyday. When it dips, automatically the margin in the trading account reduces.
3. For as long as you want.
4. Any pledge request before 4pm, you will get margin for next day trade. Any unpledge before 2pm, you will have stocks for next day trade.
I pledged my shares of NSE, when I unpledged them I got them as BSE shares, why’s that? Also does this affect my options physical settlement in any way?
Hi, a pretty basic question on pledging. Lets say I have 1 lakh rs in a CPSE ETF and get 85,000 rs worth collateral after the haircut. Now can all of the 85,000 be used in overnight F&O positions only or will I be able to use only 42,500 worth it?
CPSE ETF isn’t considered as cash equivalent. So if your overnight position needs 100k, 50k will be used from collateral from CPSE ETF while 50k should come from cash.
What will happen to our current open positions when new pledging system goes live?
Do we need to close our positions and unpledge the shares?
And again we need to follow the new pledging procedure to get the collateral margin?
Dear Shubh, wanted to ask you another question on the same subject since you seem well versed with the nuances of it. With the same example mentioned above, will I then be able to use 85% of the capital pledged on intraday trades? Thank you once again.
When do you plan to add more ETFs which can be pledged like ICICILOVOL, ICICIALPLV (ICIC Low Vol ETFs)? The 2nd one got listed in August itself. From NSE, there is very low haircut on these.
I had placed unpledge request on Console of my LIQUID FUND on 3/9/2020. Even after 2 days it was not unpledged. When it will gets unpledged? How much time required for unpledge that LIQUID FUND ?
Thanks for the clarity. If I invest 50% in non-cash component and 50% in cash component securities for collateral, will I be able to hold overnight option writing positions? or should I bring in 50% in cash only for holding overnight option writing positions. Pls. clarify.