Update 4th Aug 2020 - Margins for trading stocks & Intraday leverages

[siva-reddy]

@Winter_Soldier

My point of this comment is a request and a consideration to provide same margins till Q2 2021 as per the circular.

Okay.

[siva-reddy]

@Vijay3

Could you please comment?

Most likely will get this week.

[Tn4688]

@siva-reddy @nithin i have a question regarding margins…to take position in futures one needs to use minimum 50% cash along with pledge margins…now suppose i take position with 100% cash today,as pledge margins are not available yet…however after 2 days i get pledge margins…so after getting pledge margins would 50% of my cash that has been used get untied ,that i can use to take another position?
Or do i need to add more cash again in order to take new position?

[siva-reddy]

@Tn4688

that i can use to take another position?

Yes, you can.

[anon31396786]

@nithin

Intraday profits can’t be used to enter new trades

All realised intraday profits for stock trades get settled on T+2 day. All realised intraday F&O profits and realised Marked to Market (M2M) profit in futures gets settled on T+1 day. So these profits will not be allowed to be used for new positions until settled by the exchanges

@siva-reddy So now we can not use realised profit to trade MIS order ? Or this just for Delivery based order ?

It is already in effect or it will start from 1st sep.

[siva-reddy]

@anon31396786

It is already in effect or it will start from 1st sep.

Likely from sep1st, if any changes will update.

[arav111]

why there is a need of managing order in trading back office

[manas111]

@siva-reddy any updates on when leverage will be disabled? October or December

[siva-reddy]

@manas111

any updates on when leverage will be disabled? October or December

May start reducing from december.

[manas111]

Earlier you said exchange will start the peak margin reporting thing from October, now is December confirmed from your end?

[siva-reddy]

Reporting from oct 1st, penalty from dec 1st, so we are not sure yet when these will stop, need to wait for few more days to get clarification.

[Tn4688]

@siva-reddy but I guess epi has started…my stocks got debited before 7:30pm on same day!

[Vijay3]

Is it available now? Or when it will be available?

[siva-reddy]

@Vijay3

Or when it will be available?

Most likely this week.

[Satish_Jagtap]

Margin required for a short straddle is around 1.5 lac, while an iron fly is 40k. Shall we get this margin benefit, post 1st Dec.

[ShubhS9]

@Satish_Jagtap

Margin required for a short straddle is around 1.5 lac, while an iron fly is 40k. Shall we get this margin benefit, post 1st Dec

Yes, you will continue to get margin benefit for hedged positions.

[gaurav_choudhary]

@siva-reddy

@gaurav_choudhary

in current margin system …we can use net premium credited of short iron condor on same day to take new positions…will we be able to do it in new margin system?

Nope.

will i be able to use this credited amount next day? @siva-reddy

[siva-reddy]

@gaurav_choudhary

will i be able to use this credited amount next day?

Yes.

[WolfTrader]

@nithin That means after August 2021 we will have still 5x leverage for intraday trading in cash and FnO section, right sir?

[ShubhS9]

@WolfTrader

That means after August 2021 we will have still 5x leverage for intraday trading in cash and FnO section, right sir?

You will get 5x leverage for Intraday Trading in cash segment, but there will be no Intraday leverage offered in F&O segment, you will need full SPAN + Exposure margin for Intraday trading in F&O.