https://www.taxtmi.com/circulars?id=60218 Margin trading is permitted in the cash segment only through corporate brokers meeting a prescribed net worth and certification regime; eligible securities are Group 1 issues. Brokers may use own funds or borrow only from scheduled commercial banks/NBFCs regulated by the central bank, subject to caps on indebtedness, overall exposure and single client concentration. Minimum initial and maintenance cash margins apply, with mandatory margin calls, authorised liquidation rights on default, client wise recordkeeping, half year audits, and daily disclosure of gross exposures and funding sources to exchanges for public dissemination. en-us Fri, 19 Mar 2004 00:00:00 +0530 Mon, 18 Mar 2019 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60218 Margin trading is permitted in the cash segment only through corporate brokers meeting a prescribed net worth and certification regime; eligible securities are Group 1 issues. Brokers may use own funds or borrow only from scheduled commercial banks/NBFCs regulated by the central bank, subject to caps on indebtedness, overall exposure and single client concentration. Minimum initial and maintenance cash margins apply, with mandatory margin calls, authorised liquidation rights on default, client wise recordkeeping, half year audits, and daily disclosure of gross exposures and funding sources to exchanges for public dissemination. Circulars SEBI Fri, 19 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60218