The margin statement is not merely a piece of paper filled with numbers; it is a powerful ally that empowers users with transparency and accountability. By offering a clear snapshot of one’s position, it enables users to make informed decisions, manage risks, and seize opportunities with confidence. Whether you are […]
What is Margin Trading Facility (MTF)? Explained in detail
Usually, discount brokers collect 100% margin for delivery trades. they don’t consider giving leverage for delivery transactions. but not at Samco, though we are into the discount broking space, we employ good leverage for delivery trades. Before talking about the product CashPlus let us first discuss about equity delivery leverage: […]
SEBI’s New Circular Regarding Execution of Demat Debit and Pledge Instruction (DDPI)
SEBI vide circular no.CIR/MRD/DMS/13/2010 dated April 23, 2010, issued guidelines regarding the execution of Power of Attorney (PoA) by the client to the stock broker / Stock Broker and Depository Participant under the guidelines of 2010. POA was optional for the clients to submit, stockbrokers were not allowed to insist […]