Peak Margin
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 ...
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.
Whether I can square off the position in one segment during the day and use the same margin, released due to square off the position, in different segments on same day?
Yes. Based on the margin availability, client can avail exposure in different segments at different time. However, maximum exposure given across segments are not exceeding the margins available.
In the new Peak Margin requirement can I pay margin after order execution?
No, applicable minimum margin should be available before placing the order.
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 ...