Immediately on depositing securities as margin, by how much do limits increase? Where can I view all securities deposited as margin?
On depositing securities, F&O limit increases immediately by the ‘Value of deposit after Haircut’ indicated on the ‘Deposit/Create Limit’ page. This is arrived at for each security as per the following formula: (Quantity of the stock deposited * Valuation Price of the stock ) * (1 – Haircut% for the stock) The valuation price and haircut% are specified by ICICI Securities. Generally, the closing price of a stock on the previous day is specified as the valuation price. The haircut% for all eligible stocks can be seen in the ‘Stock List’ page in the (/Futures & Options) section. The valuation price and the haircut% for all stocks available for deposit can also be seen in the ‘Deposit/Create Limit’ page. The limit arising out of securities deposited can be seen in the F&O limit page. Limit would be arrived by aggregating (a) Allocation of funds from back account (voluntary in the form of ‘Bank Allocationand involuntary in the form of ‘Block for Trade’) (b) Securities Deposited (c) Settlem
- Immediately on depositing securities as margin, by how much do limits increase? Where can I view all securities deposited as margin?
- Can I also sell securities deposited as margin for eg. in case prices of the securities are going up?
- Immediately on withdrawing securities as margin, by how much do limits decrease ?