InvestorQ : What are the changes effective in Phase 2 of Peak Margin Implementation from 1st March 2021?
simran Kaur made post

What are the changes effective in Phase 2 of Peak Margin Implementation from 1st March 2021?

Answer
image
1 month ago
Follow
As per the guidelines of SEBI, Phase 2 of the Peak Margin Implementation becomes effective from 1st March 2021. The following changes will be effective from the said date:

In order to avoid penalty due to margin shortage, funds payout will take place twice during the day – once before the market opens and once after the market closes.

The brokers will collect 50% of the total margin (Peak Margin) upfront, before placing any trade across all segments.
Due to changes in Peak margin requirements, intraday multipliers will be:

  For equity: 2 times
  For FNO: 2 times
  For Currency: 2 times
  For NCDEX: 2 times
  For MCX: 2 times

So, investors are advised to maintain sufficient balance with their brokers for conducting trade smoothly
0 Views