In the new Peak Margin requirement can I pay margin after order execution?
No, applicable minimum margin should be
available before placing the order.
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SEBI vide Circular Ref. SEBI/HO/MRD2/DCAP/CIR/P/2020/127 dated July 20, 2020 reiterated that the applicable upfront margins are required to be collected from the clients in advance of the trade. The peak margin is not a new type of margin but it’s ...
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Is there any penalty in case of margin shortfall in new PMR?
As the Broker have to report the margin collected from each client, as at EOD and peak margin collected during the day, in the following manner: a) EOD margin obligation of the client shall be compared with the respective client margin available at ...
Is Buy Now Pay Later (BNPL) the same as Margin Trading Facility (MTF)?
Yes, Buy Now Pay Later (BNPL) is the same as Margin Trading Facility (MTF).