NawadaTimes Market update

 Dear Trader/Investor,

Greetings of the day.

This is in reference to the SEBI Circular No. SEBI/HO/MRD2/DCAP/CIR/P/2020/127 dated July 20, 2020.

As per the circular, the Peak Margin obligation had been introduced with effect from December 01, 2020 in a phased manner.

The third phase of which will be implemented from June 01, 2021, and accordingly 75% of the Peak Margin will be required to be maintained by the client for the trades.

Therefore, with effect from June 01, 2021 the maximum leverage which can be provided for Intraday trades will be as follows:

Segments Equity Future & Options Commodity Currency

Leverage Up to 6.66 time Up to 1.3 times Up to 1.3 times Up to 1.3 time

For any further clarifications, please feel free to contact us on our Customer Support Desk.

Regards,

NawadaTimes 

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