We provide Intraday exposure under two product codes - MIS (Margin Intra-day square off) and CO (Cover order).
Intraday leverage under product code MIS :
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Segment
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Intraday Exposure
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Equity Cash
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7 Times
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Equity Derivatives
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1.5 Times except option buying
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Intraday Leverage under product code CO:
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Segment
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Intraday Exposure
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|
Equity Cash
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Ten Times subject to Value at Risk (Var) and Extreme Loss margin (ELM)
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Equity Futures and Options
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Minimum Margin charged by the exchange
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|
Currency Futures and Options
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Minimum Margin charged by the exchange
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Know more about how exposure will be given against margin for trade across different segments?
Intra-day exposure is provided in highly liquid 500 stocks in Equity Segment forming part of Nifty 500.
Cover orders are subject to minimum margin collection rules applicable from Exchanges, from time to time. Cover orders cannot be used to avoid payment of minimum applicable margin as charged by the Exchanges. Exchange rules requires Collection of Upfront Margin.
