How is the funded value calculated?

• Related Articles

• How will the interest be calculated?

  Interest will be calculated on funded value, i.e., MTF Purchase Value – Maintenance Margin. Any margin calls, including daily MTM collected during the tenure (apart from the maintenance margin), will not be adjusted against the funding value.

• How DPC is being calculated for Trading Balance ?

  1. DPC will be calculated on clear trading ledger debit balance considering unsettle Cash & FO bills 2. SPAN debit will be adjusted up to the collateral benefit. If IIL Debit 100000, SPAN 125000, Collateral 90000 then net debit would be 10000 & if ...

• How running account amount is calculated before releasing the final payout?

  In case you have any open position on first Friday of the Month / Quarter on which settlement of running account of funds is scheduled, IIFL may retain funds calculated in the manner specified below: Outstanding pay-in obligation/Debit balance at the ...

• Who will determine the value of investment in BSDA?

  SEBI has assigned DPs to determine the value of holding on the basis of the daily closing price or NAV (net asset value) of the securities or units of mutual funds. If the value of your holdings exceeds the slabs mentioned above, DP’s are permitted ...

• What is the value of funds that a broker can retain while doing the settlement?

  In case a client has any open position on the first Friday of the month/quarter on which settlement of the running account of funds is scheduled, a broker may retain funds calculated in the manner specified below: 1) Entire pay-in obligation of funds ...