What is criteria for Broker Margin Funding?
For old clients :- For activation of BMFD product you need to have minimum networth of Rs.25,000/-.
For new clients :- It will get activated by default.
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What is Broker Margin Funding ?
Broker Margin Funding (BMFD) is a product which will allow you to take leverage positions in capital markets segment to purchase securities with the help of amount borrowed from IIFL against securities purchased.
What is Margin Pledge?
Margin Pledge is a process in which users can pledge their stocks to the broker in return for a collateral margin that can be utilized for trading. Let’s understand this better via an example; suppose I am an investor who has shares of RIL, TCS and ...
What is the Peak Margin?
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 ...
After fulfilling the peak margin obligation on T day, whether Broker can release the margin on T day?
Applicable upfront margins are required to be collected from the clients in advance of the trade. In view of the same, free and unencumbered collaterals can be released in case peak margin obligation across all segments is fulfilled.
What are the criteria to be followed to get the RMS Approval for releasing the stock from Pledge or Collateral?
Kindly follow the below criteria before placing an un pledge request for the RMS Approval. 1. Place the un pledge request in the system only and not required to send the mail. 2. The pledge request amount should not be more than the available margin ...