Policy Update: Mandatory Cash Component for Collateral Margins from Pledged Holdings
Back

Policy Update: Mandatory Cash Component for Collateral Margins from Pledged Holdings

Fyers Web
Revision in Internal Policy
13 December '2024
06:00 PM

Starting 16th December 2024, clients trading using collateral margins from their pledged holdings must ensure that at least 50% of the margin requirement is maintained in cash or cash-equivalent instruments. This policy aligns with industry practices and aims to enhance stability and compliance across trading operations.

Failure to meet the 50% cash requirement will result in an interest charge of 15% p.a. on the shortfall amount. To avoid additional costs, we encourage all clients to review their collateral margins before taking any positions. For the list of cash component instruments, kindly refer here.

icon-5-minutes

Open Your Demat Account in Under 5 Minutes

Have any queries? Get support icon-link-next