SLB borrowing with collateral

[Rockytrader]

For my SLB borrow positions, can I give non-cash collateral like G-Secs or liquid ETFs for the full 125% margin? Also, if the price moves sharply during the day, do you check margins only at end of day, or do you monitor it in real time and auto-close positions before market close if margins fall short?

[siva]

@Adarsh_Patil

[Adarsh_Patil]

@Rockytrader

For my SLB borrow positions, can I give non-cash collateral like G-Secs or liquid ETFs for the full 125% margin?

Currently, we only support borrowing using cash. However, we are exploring the option to allow collateral once the SLB features are fully integrated and live on Kite.

@Rockytrader

if the price moves sharply during the day, do you check margins only at end of day, or do you monitor it in real time and auto-close positions before market close if margins fall short?

Currently, we block SLB MTM on an EOD (End-of-Day) basis. There is no need to square off your holdings if you hold the same stock; generally, the borrower borrows the stock to short.