Use MTF Facility on Collaterals Funds Already Pledge

Hi Team,

I have already pledged some amount for ex: 350k for F&O Margin. I am doing F&O Trading with this margin which has 50% Cash & 50% Non Cash components pledge as Collateral.

Queries:

  1. Can I Use 350k Margin for MTF Trade?
    Ex: I want to Brought Share Worth 100k Rupees, I will take Trade as MTF , for which I need to Pay 25k (Coming for Margin pledge for F&O), assuming 4x leverage on MTF & Rest 75k will be paid by Broker.

Assuming, I don’t hold 25k in cash. Can I take this MTF Trade without any cash in Demat Account?

  1. Once I Brought share worth 100k Rs using MTF with 4x leverage, I paid 25K , Do I need to compulsory Pledge the entire 100k Rs Stocks as it is MTF Trade?

Currently we are not allowing this, will allow it in coming months.

Cash margin is required to take MTF trades.

Stocks bought under MTF will be auto-pledged end of the day.