Local UpdatesDelhi1 min read
Margin Waiver on Subsequent Buy/Sell Transactions Post Early Pay-In (EPI) in Cash Segment To facilitate EoDB and achieve optimal utilization of TMs collateral, SEBI has issued a circular that where: ·
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Read originalMargin Waiver on Subsequent Buy/Sell Transactions Post Early Pay-In (EPI) in Cash Segment To facilitate EoDB and achieve optimal utilization of TMs collateral, SEBI has issued a circular that where: · a client has a net sell obligation in a settlement; · and the EPI request for the sold securities has been successfully accepted by the Clearing Corporation, the Clearing Corporation shall, on a real-time basis, not collect margin from the TM / CM on the subsequent buy/ sell of the client, up to the amount of such accepted sale credit. More details at: sebi.gov.in/legal/circulars/… #SEBI #Circular #EarlyPayin
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