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SEBI's peak margin rule for stock markets is unfair: ANMI - The Hindu BusinessLine


SEBI s peak margin rule for stock markets is unfair: ANMI
May 24, 2021
SEBI has mandated 3.33 times higher-margin collection than required.
Stockbrokers association ANMI has urged market regulator SEBI to reconsider its peak margin norms concerning intra-day trades. In addition, ANMI has said that a 100 per cent levy on intraday trades is unfair since it implies 3.33 times higher than what should be the actual margin. ANMI has told SEBI that there is a disconnect between the margin currently being collected from clients since what has to be collected is supposed to be much lower. ANMI has raised this concern as a 75 per cent upfront margin will be required to trade from June and 100 per cent from September. ....

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