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.