NIFTY 11,832.30 94.40 (0.80%)
SENSEX 39,383.97 273.76 (0.70%)
As stated in the new
circular from NSE, additional margins shall be made applicable for all equity
derivatives in phases starting from 14th September 2018
“Stewart & Mackertich offers Margin Trading Facility to its Clients. The rich experience
in the financial markets across asset classes and having experienced various global
and domestic business cycles through the past three decades, we have a trained pool
of talents who keep investors and traders abreast with the latest developments across
the Market Segments. We help clients build portfolio based on their needs of returns
and according to their time horizon.
Normally clients buy and sell stocks with their own money. However, some specific
stocks may look attractive at some point in time either because of market conditions
or some sector/company specific news. If clients don’t have the required funds to
trade in a particular stock, then the client can opt for margin trading facility.
Margin Trading facility helps clients to trade in stocks where they are required
to put in certain percentage as the margin amount (similar as a down payment in
any loan product). This margin amount will vary from stock to stock, Stewart & Mackertich
will fund the rest of the transaction so that the clients are able to purchase these
share with an interest charged as and when clients give consent and register himself
for MTF Segment and avail the Margin Trading facility. The interests are applied
to the Margin Trading Account unless the clients decide to make payment.
There are restrictions on the stocks, clients can buy on Margin Trading. The Securities
and Exchange Board of India regulates which stocks are marginable. As a general
rule and practice we don’t allow clients to purchase penny stocks or Initial Public
Offerings (IPO) on Margin as risks involved with these types of stocks is high.
Stewart & Mackertich can independently decide not to margin certain stocks, so check
what restrictions exists on your Margin Account. The buying power of a margin trading
account changes daily depending on the price movement of the marginable securities
in the account.”
A broker allows clients to buy stocks just by paying margin (for given list of stocks)
and not the total value of stocks is known as Margin Trading Facility. Clients can
carry the position just by maintaining minimum margin.
Brokers may allow clients to pay margin in the form of approved list of stocks.
Required margin may vary for different stocks. For details please get in touch with
our Customer Care Executives / Relationship Manager.
Margin Trading Facility is available only under cash segment for selective scrips.
You will get all communication regarding confirmation of orders/trades, margin calls,
decision to liquidate the position / security on your registered email/ Mobile Number.
Margin Trading Facility accounts where there was no transactions for 90 days shall
be settled immediately.
You can carry your funded position by maintaining minimum required margin with the
You can exit from margin funding position by paying total debit amount or by selling
SEBI - Comprehensive Review of Margin Trading Facility Clarification
SEBI - Comprehensive Review of Margin Trading Facility
Registration Numbers: Single SEBI Registration No.: NSE (Cash) NSE (F&O) NSE (CD)
BSE (F&O):INZ000220635; CDSL & NSDL SEBI Registration No.: IN-DP-24-2015; AMFI:
PMS: INP000004623: CIN-U51109WB1993PLC060987
RESEARCH ANALYST SEBI REGN. NO.: INH300001474
Regd. Office Address: 4, Lee Road, Vaibhav, 5th Floor, Kolkata – 700 020
West Bengal, India; Tel. No.: (91 33) 6634 5400, (91 33) 4011 5400 (91 33) 3051
5400; FAX: (91 33) 2289 3401
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