Finvasia

@Finvasia Can you please explain leverage policy for intaday and overnight futures and options leverage policy? Under prizm for 2x it says not available so I guess you are not providing any leverage right now ? If you do provide leverage please mention how much interest you charge?
 

Finvasia

Well-Known Member
@Finvasia Can you please explain what will be change from Aug 1 2020 in terms of leverage. Sebi order says no additional intraday leverage but will it change anything at Finvasia (because to my understanding Finvasia does not offer any additional leverage anyway correct?)
Hi @curiousv! Based on the recent SEBI circular followed by FAQ from exchanges, there shall be no additional leverage in Cash segment from 1 Aug. Furthermore, client needs to have margin to sell the stocks in Demat account. We shall not be offering any additional leverage for intraday and/or overnight positions. Thanks
 

Finvasia

Well-Known Member
@Finvasia. As per SEBI policy from Aug 1st the Mechanism for Pledging shares for margin in FNO will change. What changes have you made in your system from Aug 1st for pledging shares
Hi @sundar_c7! As per SEBI circular, new pledging process shall be applicable from 1 Aug. Under this, all shares in Broker’s CCA account shall be transferred back to client’s Demat account. Thereafter broker shall only pledge the stocks on client’s request. We shall be sharing more details shortly. Thanks
 

Vmaster369

Well-Known Member
Finvasia

i have demate account with you. and it has BSE shares.
Bse is not activated .i do have nse equity activated

so can those shares be sold on NSE?
or i have to compulsory activate BSE exchange ?
 

neo.mx

Active Member
Hi @curiousv! Based on the recent SEBI circular followed by FAQ from exchanges, there shall be no additional leverage in Cash segment from 1 Aug. Furthermore, client needs to have margin to sell the stocks in Demat account. We shall not be offering any additional leverage for intraday and/or overnight positions. Thanks
1. After 1 Aug, can we short sell stocks for intraday if we have full margin as per exchange requirement?

2. Will there be any change in margin requirement for selling index options intraday after 1 Aug?