Is collateral or margin against shares facility available with Shoonya?

Yes, Shoonya provides a collateral margin facility. To get the collateral margin you can pledge your shares holdings, ETFs, and Mutual funds.

You cannot use collateral margin for purchasing equity delivery and options buying. -You can trade in Futures, option selling, and MCX for intraday and carry till expiry with collateral margin.

For getting the collateral margin, 50% of the margin needs to be compulsorily available in cash or cash equivalent collateral. The ratio of cash margin & collateral margin should be 50:50.

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