ripusingla:
in context of intraday quick index choices place, let’s say intraday banknifty straddle:
the place margins elevated of a already held place, can brokers go on the penalty to purchasers at 1% of shortfall?
Thanks.
If intraday margin goes up, there is no such thing as a margin penalty on intraday trades. The penalty is relevant provided that margin goes up at finish of the day, for in a single day positions. Doesn’t have an effect on intraday positions.
2 Likes
So @nithin refund for intraday peak margin penalty since oct 21 can be mechanically refunded or we might want to elevate assist tickets for it?
1 Like
MayankMaheshwari:
So @nithin refund for intraday peak margin penalty since oct 21 can be mechanically refunded or we might want to elevate assist tickets for it?
Hey @MayankMaheshwari, we’ve been computing and refunding any upfront margin penalties from October 2021 that had been handed on to the purchasers. For those who haven’t obtained a refund, would counsel you create a ticket right here so our crew can have this checked.
For those who’ve already created a ticket, you’ll be able to DM me the ticket quantity.
2 Likes
Had created a ticket some 10 days again, and it’s nonetheless in pending decision standing. The crew has even stopped responding on that ticket after telling me that they’re awaiting final result of the petition filed by brokers.
abcd5662:
Had created a ticket some 10 days again, and it’s nonetheless in pending decision standing. The crew has even stopped responding on that ticket after telling me that they’re awaiting final result of the petition filed by brokers.
Please DM me the ticket quantity. Could have this checked.
1 Like
Hello Shubh, the place to examine for refunds?Undecided if i’ve obtained any emails or notifications. Else will elevate a ticket.
MayankMaheshwari:
Hello Shubh, the place to examine for refunds?Undecided if i’ve obtained any emails or notifications. Else will elevate a ticket.
You may examine this on Console legder. If penalty has been refunded, you will notice margin penalty reversal entry.
ShubhS9:
If penalty has been refunded, you will notice margin penalty reversal entry.
Oh okay. So the penalty refund will get credited to our ledger and never our checking account.
1 Like
ShubhS9:
For those who’ve already created a ticket, you’ll be able to DM me the ticket quantity.
@ShubhS9, my ticket can be on the pending decision standing. Was advised to attend for just a few extra days, so please examine if something extra must be finished…
Ticket no: #20220927221389
@NithinKamath when can we anticipate a closing timeline to get judgement on petition and refund of quick margin penaly?
mahendrakparyani:
@NithinKamath when can we anticipate a closing timeline to get judgement on petition and refund of quick margin penaly?
As talked about on this submit, we’re already calculating and refunding the upfront margin penalty. It’ll take a while as a result of what portion of the penalty is upfront margin penalty is just not a simple calculation.
Z-Join by Zerodha – 28 Sep 22
Margins & Margin penalties when buying and selling with leverage – Z-Join by Zerodha
Leverage When an fairness or F&O dealer takes a place higher in worth than the funds or margins out there of their account, such positions are stated to be leveraged. That is usually finished with the concept of producing a better return on capital,…
Est. studying time: 9 minutes
SachinSingh:
my ticket can be on the pending decision standing. Was advised to attend for just a few extra days, so please examine if something extra must be finished…
Ticket no: #20220927221389
Checking this, Sachin. You’ll have replace on the ticket.