Some clarifications on margins ... 1) You don't need margin t | Option Trading Strategies ®™

Some clarifications on margins ...

1) You don't need margin to sell your holding!! That is, 20% upfront margin requirement for selling holding is overcome by the broker crediting only 80% of sold value on the T day and the remaining on T+1 day. This does not mean you cannot sell holding with 0 balance. You can do that and NO penalty will be levied.

2) BTST is not closed. Only stocks which come under BE=Book Entry category does not have BTST . EQ category stocks have BTST with 20% upfront margin. But definitely, in case of short delivery, there is a slight risk of margin penalty.

3) Shares sold today, 80% funds can be used for anything. Only if you buy those shares back, after closing an intraday trade,with those funds, then margin penalty will be levied.

4) 5x intraday equity leverage (20% upfront margin requirement) remain, while no leverage for FNO.

All these changes (except for changing of intraday margin slightly/final phase) is already in place and nothing more is going to change from today