Kindly note that there has been a slight change in collateral policies that will be in effect from 23rd May 2022. As per our new internal policy, we recommend all the collateral clients to maintain a cash margin of at least 20% to meet their Mark to Market (MTM) requirements. However, we noticed that the cash margin in the trading accounts of a few clients is less than 20%, and is at a high risk of going into a debit cash balance (Negative) that could lead to Penalties and Interest charges (18% p.a.).
Therefore, clients are requested to monitor their funds and add the necessary cash balance.
Kindly ignore if this doesn’t apply to you.