Hi , can anyone please clarify these
- Collateral and pledging are same ?
- is any margin trade seperate , without pledge / collateral stocks ( with interest rates little higher) ?
What is " .05% interest on debit balance " , ? say if i get 10k with collate instrument and if i used 8 k in that , will they charge .05% daily for that 8k till i clear that or if i used more than 10 k say bought for 15 k , here 5k is more that 10k collate amount , so .05% daily for that excess amt only ?
- (extension of 2 nd question ) if no seperate margin trade , just that is collateraal /pledge amount only , then why calling margin trade , directly can call that as collateral /pledge amount na ?
Thanks a lot in advance ( sorry for long , multi ques. )