If I’ve given a POA, do I need DDPI for MTF trading?

If I’ve given a POA, do I need DDPI for MTF trading?

No, you don’t need a DDPI (Demat Debit and Pledge Instruction) if you have already provided a Power of Attorney (POA).

A POA allows us to carry out specific transactions on your behalf, including debiting securities from your Demat account and facilitating MTF trades. DDPI, on the other hand, is a newer authorisation method primarily used for pledging securities. Since your POA already covers the requirements for MTF trading, submitting an additional DDPI isn’t necessary.

This ensures seamless access to MTF services without needing further documentation.

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