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

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 outstanding at the end of the day on the date of settlement, across all segments.

    2)   225% of the margin can be held as prescribed by the exchange. (Breakup of 225% Margin-)
  1. 175% will be adjusted against the collateral. If collateral is less than 175% of margin, then the cash component can be adjusted.
  1. 50% against the cash component, i.e., ledger + margin deposit.

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