We will be setting around up to 15 times, soon.
Why not setting it original state 20.8x for TCS, SBIN, HDFC and other biggies? I donāt see high volatility in these stocks
Our RMS team perceive other way,we see volatility is going to stay here for few more months, so we have reduced a little. Also just an update for you, SEBI may come out soon with a mandate where leverages also need to be regulated, if that happens 9 to 10 may be max irrespective of product type used.
Today I tried MIS and BO on SBIN for below
MIS Order - Qty: 500, BUY Price: 284 - margin blocked 9940 Rs.
BO - Qty 500, BUY Price: 284 - margin blocked 10735 Rs
Donāt you think something wrong here? BO margin should be less than MIS margin here?
Hi @nithin
Currently zerodha provides 15.2x leverage for cash CO/BO
Are you guys planning to change this in near future or it will remain constant?
Asking so that I can arrange funds in my trading account accordingly in future.
This article talks about FNO. Here I am asking about cash segment
@vikas1989 currently no regulation around this from SEBI, only on F&O. We might increase it though when markets become volatile, like we normally do.
No plans as of now. Volatility is one thing which we donāt know until it hit us. Also rumor is that SEBI may come out with uniform leverages that can be provided across segments across brokers, if that comes out one canāt provide extra leverage and has to charge VAR( value at risk) and ELM( extreme loss margin), in that case it may come out max 10x, so better donāt build your system on leverages and be prepared for it.