Clarification on Limits for different Segments applicable from 01 March 2021:
Limits in Equity Segment:
Intraday
A group Stock – 8 times
B group Stock – 6 times
C group Stock – 4 times
Delivery
There is no change in Delivery Multipliers in cash segment, it will be same as what we have today.
A group Stock – 4 times
B group Stock – 3 times
C group Stock – 2 times
D & E group Stock – 1 time
Limits in Derivatives (FAO, CDS and MCX):
Intraday Limits will be maximum of 2 times of clients available deposit on any day in Intraday Product.
Deposit = Ledger Balance (Dr/Cr) + CUSA Stock Value + Pledge Stock Value + Un settled Purchase Value
** Stock value is after Exchange Haircut
Example:
In intraday, Client with deposit of 50 lac can take position up to margin of 1 crore(50 lac*2 times) at a time and can churn this multiple times during the day. Peak Margin Utilization for the day will be 1 crore out of which 50% has to be reported as clients available margin.
There is no change in Carry Forward limits in Derivatives, it is one time of Exchange margin as applicable today.
Clients should be clearly informed that aforesaid penalty provisions will commence from March 01, 2021.