General

What forms of Margin are acceptable for taking F&O and Equity positions?

For F&O and Equity positions, margin can be given in the following forms: (a) Cash (by way of allocation of funds from your bank account) (b) Specified securities (by way of pledging securities allocated from your demat account in favour of I-Sec). The limit granted is a sum of (a) & (b) and the margin is blocked on the individual positions on the overall basis and not in any proportion of (a) & (b). Though securities limit is granted for exposure to F&O and Equity positions, actual payment is required for settlement dues arising from mark-to-market losses on futures positions, premium payments for options bought, square off losses on futures,options and equity positions and brokerage applicable on the transactions.