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.

Did you find it helpful?

Yes No