Introduction Before 11th April 2018, trading in equity derivatives was cash settled. This means, at the time of expiry the contracts would get settled in cash without having to take the delivery of equity stocks. On 11th April 2018 SEBI has made it mandatory that every contract that has stock as underlying asset, must be […]
Articles Tagged: Margin
How are Delayed Payment Charges computed?
The DPC (Delayed Payment Charges) are levied in the following scenarios Ledger debit or Margin shortfall: DPC will be charged @ 0.05% per day on the margin shortfall/ledger debit. If there is no margin shortfall/ledger debit at the end of the day, these charges will not be levied. Cash component less than 50% in case […]