Normal queries on Margin Related
Can IIFL square off If I have any position in equity and scrip moving towards upper freeze or lower freeze ?
Yes. Reason for doing square off of short position is to avoid short delivery in the exchange and to avoid auction penalty. IIFL tries to square off short positions of non derivative scrips before price on the upper side. There might be chances that ...
Why Physical delivery position square off by RMS on expiry day ?
RMS squared offs ITM options & future stock contracts to avoid any physical delivery settlement by EOD. However for any stock option contract RMS square offs 2 strike up or down considering ITM contract to avoid any volatility risk.
Why have I receive margin pledge mail from CDSL/NSDL depository ?
Effective from 1st August 2020, to avail margin on your stocks purchased, the same has to be pledged. In the new pledge system, the stocks don’t leave the investor’s demat account, instead a pledge is marked in favor of the broker. Only incase if you ...
Is there any margin on selling shares in Cash Segment?
Yes, margin is applicable for both buy and sell transactions in the Cash Segment. As you are aware, settlement of transactions in the Cash Segment is on T+1 day basis, accordingly the upfront margin of the trades done on T’day should also be ...
In whichever form the margin is provided to IIFL, is there any impact on Delayed Payment Charges?
In Equity Derivative Segment and Currency Derivative Segments IIFL is allowed to accept approved securities from clients for margin purposes. However, IIFL can lodge their own securities only to the Clearing Corporation and not the clients’ ...
What other restrictions are kept on IIFL trading platform?
For the safety of clients and to avoid liquidity concern, manipulated prices, punching errors, IIFL has restricted some trading patterns on TT. However in exceptional circumstances client may be allowed trade in such scrip’s / contracts through ...
How margin call is initiated?
Margin Call – Clients are requires to maintain minimum upfront margin as described by exchange and IIFL Risk policy at end of day in approved stocks of IIFL. For unapproved stocks client need to pay 100% margin. Failing to this, clients are marked in ...
How much exposure is allowed?
IFL allows up to 5 X of exposure in equity segment depending upon IIFL defined category of the scrip and product of the order. Please check the category of scrip and exposure allowed before placing the order. Exposure also differs for delivery and ...
How much haircut is applied for each category of stocks?
Please find haircut category as below: Stock Category Applicable Haircut E Higher of 15% OR Exchange Margin (VAR + ELM + ADHOC) A Higher of 20% OR Exchange Margin (VAR + ELM + ADHOC) B Higher of 30% OR Exchange Margin (VAR + ELM + ADHOC) C Higher of ...
In which category Scripts are classified?
Scrips are classified in 6 different categories based on IIFL policy for categorization of stocks. E category, A category, B category, C category, D category and Z category Client can view the scrip category at below links. TT Application – Market ...
Which type of securities are acceptable by IIFL?
IIFL accept listed equity, Open ended Mutual funds (subject to IIFL scrip categorization). Collateral stock, Fixed Deposits and Bank guarantee are accepted for the derivative segment SPAN margin.
How available margin is arrived?
Margin = Adjusted Ledger Balance + after hair cut value of stocks Adjusted ledger balance =Ledger balances + Fixed deposit / Bank Guarantee + 1.5 times of Undelivered value of Shares To check your current Available Margin, Click Here
What is Margin?
1.The net funds utilized for your executed equity intraday, F&O positional /intraday trading & delivery orders. The amount blocked for your Open orders yet to be executed. 2.Whenever you sell your shares or open F&O positions, the margin used will be ...