What is a Haircut and how does it impact the pledge margin?
A 'haircut' is essentially a risk-control measure. It's the difference between the market value of your securities and the value that's considered for the pledged securities. For instance, if you pledge securities valued at ₹20,00,000 and the applicable haircut is 10%, the collateral value you'll receive is ₹18,00,000. We always strive to ensure our customers are well-informed and safeguarded against market volatilities.
Find out the list of approved securities available for pledge and their applicable haircuts here.
Related Articles
How can I place a pledge request in FYERS?
Easily pledge your NSE Approved Securities and Mutual funds online using OTP with us. Here's a step-by-step guide to assist you:The step-by-step procedure of the same is as below: Accessing Pledge Portal: Visit pledge.fyers.in and log in using your ...
Can futures contract margin requirements vary?
Yes, due to price volatility fluctuations, margin requirements can change. For real-time margin details, please refer to our Margin Calculator.
What is a Daily Margin Statement?
A daily margin statement provides insight into a client's margin status. As mandated by exchange regulations, we dispatch this statement to each client's registered email. This report adheres to the format laid down by SEBI (Securities and Exchange ...
How do I determine the margin blocked for futures trading?
The margin blocked is contingent on the specific scrip. For detailed information on particular scrips, you can check the margin requirements in our Margin Calculator.
How do I respond to an increased margin requirement?
Should the margin requirement rise, it becomes imperative for investors to allocate additional funds for their open positions. Failure to do so may result in the position being squared off.