Pledge associated questions – #105 by Ashish_Chandra1 – Basic – Buying and selling Q&A…

Verifying margin shortfall penalty from NSE - #16 by Hardeep - General -...

This occurred as a result of BSE was just lately added to Lengthy-Time period ASM Framework Stage – I (Consult with this round – NSE/SURV/48987). Within the round, the next is talked about –

Members are hereby requested to notice that the securities as per connected Annexure I-A have happy the standards for inclusion below Lengthy Time period Further Surveillance Measure. The relevant surveillance actions shall be as per provisions of the Lengthy-Time period Further Surveillance Measure (Lengthy Time period – ASM) that are as below:

  • Relevant fee of margin shall be 100% w.e.f. July 26, 2021 on all open positions as on July 23, 2021 and new positions created from July 26, 2021.

As defined on this support page , the collateral margin for shares within the ASM checklist is lowered to zero –

Be aware: In instances the place a inventory you’ve gotten pledged is moved below ASM, you’ll now not be offered collateral margins for that inventory, as a result of, as per ASM 100% margin ought to be levied. The collateral worth (proven on the buying and selling terminals) will cut back by the worth of collateral obtained towards that inventory.

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