Pledge
How can you optimize the use of the cash component or cash equivalent at FYERS?
Understanding how to optimally utilise the cash component or cash equivalent can significantly enhance your trading strategies. To help you grasp its utility, we've illustrated its application across four different scenarios: Scenario 1: Pure Cash ...
What is cash component or cash equivalent and how to make use of it?
A cash component or cash equivalent represents a form of collateral margin that arises from pledging certain securities. This includes a range of liquid assets such as money market instruments, government securities, ETFs, and liquid mutual funds. ...
Can I sell my pledged shares without unpledging them at FYERS?
No, you cannot sell shares that are currently pledged. If you've pledged shares and received additional trading margins for Equity F&O, these shares are bound and cannot be sold as long as they remain pledged. To correctly sell your pledged shares, ...
Why are stocks unpledged when clearing member limits are exceeded?
Clearing members have pre-set limits defined by the Clearing Corporation regarding how many shares of a specific company can be pledged to them. When this limit is crossed, the pledged shares are automatically unpledged and returned to the client's ...
Where to find the list of cash equivalent securities and mutual funds at FYERS?
Exchanges consider over 350 securities and mutual funds as cash equivalents. These assets can act as a cash component when you're trading in the F&O Segment. To illustrate: Suppose Mr. X possesses Liquidbees worth ₹10 Lakhs and is looking to trade in ...
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 ...
Is pledging my fixed deposit to trade in F&O contracts possible at FYERS?
Currently, we at FYERS don't accept Fixed Deposits for pledging to facilitate trading in Futures and Options (F&O) contracts. This policy stems from operational and reconciliation constraints. However, keeping in mind the dynamic nature of financial ...
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 ...
How long does it take to get margins after pledging?
After you have authorised your pledge request using the OTP process, the Central Depository Services Limited (CDSL) typically confirms the status in about 10 minutes. However, the margin reflecting this pledge will only be available in your trading ...
Can I use the collateral from pledged Demat holdings for stock investments?
No, it is not permissible to use the collateral amount received from pledging your Demat holdings to purchase stocks in the Cash N Carry (CNC) segment for overnight positions. Nevertheless, you are allowed to utilise this collateral for intraday ...
How long does it take to unpledge holdings at FYERS?
When you decide to unpledge your securities with FYERS, the process is straightforward. If you submit your request before 3:30 PM on a trading day, your securities will be unpledged and will reflect under the 'Holdings' section by the next trading ...
How to unpledge my holdings in FYERS?
Unpledging your holdings with FYERS is a straightforward and online process. Here's a step-by-step guide to help you: Access the Pledge Portal: Log in to our Pledge Portal on the FYERS platform. Navigate to the 'Unpledge' Tab: Once inside the portal, ...
When will my pledged stocks be invoked at FYERS?
If, after trading with your pledged margins, your account indicates a debit balance (a negative figure), you are obligated to clear this by transferring additional cash funds. Failing to infuse the required funds will lead to our risk team invoking ...
What happens to my stocks after pledging at FYERS?
When you decide to pledge your stocks, they are not transferred to FYERS but rather sent to the exchange. Consequently, the exchange releases the margin corresponding to these stocks. FYERS, on its part, credits the pledge margins to your trading ...
Popular Articles
How long does it take to process a withdrawal request?
Upon placing a withdrawal request with FYERS, here's what you need to know: Same-day Processing: If you make a request between 5:30 AM and 5:00 PM, we process it on the same day. However, if you have open commodity positions/orders in the MCX ...
What are the latest features in FYERS Web?
The latest TradingView library has been integrated on the FYERS Web and the following are the feature updates. New Features: 1. Icons have been provided for Exit positions, Fund Transfer, Basket Order, My Account, User Settings, Refresh Trading ...
What is GTT? Can I place a GTT order in FYERS?
Good Till Trigger (GTT) is an order type where you can set a Target or Stop-Loss, remaining valid for up to one year from its placement. In essence, you determine a price to Buy or Sell a particular scrip, and this order remains active until that ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not impose any Annual Maintenance Charges (AMC). However, it's essential to note that clients who opened their accounts between 1st April 2020 and 4th June 2021 were subjected to AMC charges until 30th September.
What is the FYERS 30 Day Challenge, and why was it discontinued?
To encourage discipline among traders, we introduced FYERS 30 Day Challenge. Essentially, if you are in net profits for a period of 30 trading days, the brokerage charges incurred during the period will be refunded up to a limit of ₹10,000 per ...