Margin Trading Facility: Exciting New Updates 🚀
We can't wait to share some exciting new updates in our MTF (Margin Trading Facility).
Applicable from 17th July 2023, you can now enjoy MTF Positions with lesser upfront margins!
- - Instead of just flat 50% margin, enjoy these margins:
A. For F&O Stocks = VAR + 3 times ELM
B. For Non F&O Stocks = VAR + 5 times ELM - - That’s not all, the overall MTF exposure will now be up to ₹50 lacs.
Keep in mind:
- - All new positions from 17th July, 2023 will be as per the new margin requirements mentioned above.
- - All the existing positions taken up till 17th July, 2023 wherein margin has been blocked at 50% of position value would be converted into VAR + ELM based margin on 9th August, 2023.
- - As per the process laid down by the regulators, whenever you take MTF position, you would be prompted to create a future pledge at the CDSL systems in favour of RKSV Securities India Pvt. Ltd – MTF Account.
- - Kindly enter the OTP that you would receive to confirm the pledge by 7.00 PM on the trade day to continue the MTF position
- - All OTP non approved position(s) would be converted to normal trade and appropriate actions would be initiated.
- - Refer to our latest T&C here: Margin Trading Facility | Terms & Conditions
We hope to continue to serve you with such good news.
