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According to SEBI circular dated 19th Nov, 2019, all the brokers are now required to collect and report margins in the cash segment. This is currently applicable in the derivatives segment. A flat 20% upfront margin needs to be collected in the cash segment. Let’s find out the reason why SEBI made this move. Earlier brokers allowed clients to buy/sell stocks for delivery without asking them for upfront margins or delivery. The client was required to fund the account untilRead More
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