Effective from 9th October 2024, the following revisions will apply to equity delivery sell credit and margin utilization:
Clients will receive 100% of the proceeds from selling their holdings on the same day.
These proceeds can be utilized for trading across Equity and F&O segments.
If clients repurchase the holding sold on the same day, only 75% of the sale proceeds can be used on the same day. The remaining 25% will be available from the next trading day (T+1).
The amount from the sale of T1 holdings (BTST transactions) will not be available for trading on the same day, in line with regulatory guidelines. For more details, kindly refer to this circular.
These changes are being introduced to ensure a smooth trading experience while maintaining compliance with regulatory requirements. Please adjust your trading strategies accordingly.