Peak margin, Intraday leverages, & 2nd order effects – Dec 1st 2020

In response to peak margin penalty guidelines, you’ll be able to’t switch funds publish a commerce to keep away from it. You have to have had the funds earlier than the snapshot was taken by clearing company.

IIRC, somebody from the Zerodha workforce had, up to now, talked about on this discussion board that the margin reported to NSCCL consists of payins achieved through the day.

Are you saying that if I switch funds to my account in tranches a number of occasions in a day, Zerodha will report a number of margin values to NSCCL primarily based on the time the funds get credited to my Zerodha account?

IIRC, somebody from the Zerodha workforce had, up to now, talked about on this discussion board that the margin reported to NSCCL consists of payins achieved through the day.

Are you saying that if I switch funds to my account in tranches a number of occasions in a day, Zerodha will report a number of margin values to NSCCL primarily based on the time the funds get credited to my Zerodha account?

Ah my unhealthy, @VenuMadhav simply responded to me. We don’t have time stamps on fund transfers achieved on the identical day. So yeah, transferring funds once you assume you’ve gotten exceeded works. Sadly, no manner for us to point out how a lot you possibly can have exceeded.

why can’t zerodha share the figures it’s receiving in all 4 snapshots which it receives by 3.30 principally.I don’t perceive why zerodha doesn’t need to share these recordsdata.

In the identical manner margin reporting might be achieved on the gross worth by the dealer as an alternative of the web worth after haircut.Kindly confirm…

why can’t zerodha share the figures it’s receiving in all 4 snapshots which it receives by 3.30 principally.I don’t perceive why zerodha doesn’t need to share these recordsdata.

hmm… no, we don’t obtain any snapshots on the identical day. We simply report the margins and whether it is brief a penalty is utilized.

In the identical manner margin reporting might be achieved on the gross worth by the dealer as an alternative of the web worth after haircut.Kindly confirm…

No, can’t be achieved on gross worth. SEBI has clear laws on what % of safety can be utilized as collateral margin.

r95990:

why can’t zerodha share the figures it’s receiving in all 4 snapshots which it receives by 3.30 principally.

I don’t perceive why zerodha doesn’t need to share these recordsdata.

hmm… no, we don’t obtain any snapshots on the identical day. We simply report the margins and whether it is brief a penalty is utilized.

Sorry to maintain repeating this once more n once more, however I’m fairly positive NSE supplies mg13XXXXXp 1,mg13XXXXXXp 2,mg13XXXXXp 3,mg13XXXXp 4 recordsdata trough ftp which comprise the height margins of every shopper in that interval.

I logged a criticism in SEBI scores and received again all the height margin penalty charged by the dealer.

Can u share what was SEBI SCORES’ reply to your criticism? Could also be useful for others who have been additionally charged this ridiculous peak margin penalty.

my identify, tackle, TM names are masked for safety causes

my identify, tackle, TM names are masked for safety causes

Title, state and metropolis are seen sufficient …

Good day,

I need to perceive 80%/20% margin restriction on shopping for again identical scrip, which was bought through the day from demat account. Please reply in gentle of FAQ no. 20 in BSE round https://www.bseindia.com/downloads1/Margin_Reporting_Guidelines.pdf. Screenshot hooked up.

This FAQ recognise that further margin shouldn’t be required when internet amount is nil. Whereas this FAQ is issued in context of first purchase after which promote, it recognise elementary precept that there isn’t a subsequent threat to dealer or the system after a transaction is squared off. Additionally in case of promoting via demat account, dealer already has 100% margin (commerce being a supply commerce).

Thanks.

RegardsPiyush