The Clearing Corporation (CC) has required brokers to maintain a 50:50 ratio for margins, which is split as:
50% cash and cash equivalents
50% non-cash (approved securities)
If the collateral is cash component then no extra cash required unless there is a MTM loss.
Nifty Bees is a non-cash component. You may refer our collateral list here.
Since the limits change real time based on your positions, the changes in collateral margin required cannot be shown. At the time of placing an order/basket order, we show the overall margin required. We recommend You may compare this with the cash & collateral available in Money tab to know if the 50:50 margin is being met, and keep a buffer for possible MTM loss in the cash component.
Also, note that in case of overnight F&O positions, the margin funded via collateral will attract interest @0.0438% per day. For your reference, please refer Collateral in detail here and Interest scenarios here.
Thanks for your kind words. We really appreciate it.
Below are the answers for your queries.
Yes, you can sell options by having only liquid bees collateral amount and can buy options as well with collateral amount. The free margin will be displayed under the Money tab > Margin Summary > Available for Investing section.
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No @PravinJ sir, I am asking lets say I brought an naked option contract at 100rs with the collateral amount that I received from pledging securities and no funds in account. Now this open position is in loss and I book the loss at say 50rs. I am asking how will you guys recover the loss from me?
@Akhil153045 It will to the extent of debit in ledger. We have mentioned this in detail under our Risk Policy. Here is an extract:
If there is a failure on part of the customer to clear the ledger debit then Dhan reserves the right to liquidate the stock upon ageing of the ledger debit beyond T+5 days The stock will be sold from customers’ accounts on T+6 days after the ledger debit.