Can I get intimation of Margin shortages?

Client can view details of his/her ledger, holdings, margin shortfall etc via secured login on Basan  website. Regular intimations regarding debit, information about margin shortage with penalty amount (real time margin shortage), communication regarding liquidation is sent through SMS and email on the clients’ registered mobile number and email address respectively.

Physical Settlements in Leverage Segments

FNO:

1.Till the last day of expiry, if the client wishes to convert the futures contract into physical delivery; the entire delivery margin will have to be provided.

  1. All Stock Options contract (ITM / ATM / OTM) will be blocked for trading on the expiry day as well as one day prior to expiry for trading.
  2. If the client wants to convert an ITM / ATM contract to physical delivery, the entire applicable delivery margin would have to be supplied in trances of 10% , 25% ,45%,70 % Four days prior in the mentioned RISK POLICY sequence respectively as mentioned by the regulators . In case the required margins are not supplied, BASAN reserves the right to liquidate the contract without allowing to convert to physical settlement

Commodities:

  1. Contracts would be blocked for trading five days prior the staggered period
  2. If the buyer wishes to convert the position to physical delivery, the entire value of the contract would be required. In case the amount is not supplied, BASAN reserves the right to liquidate the contract without allowing to convert to physical settlement.

 

For any another information please call us : 080 – 68 24 84 94

 

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