How much initial MTF margin by the client is required to buy a stock under MTF facility at Jainam?

How much initial MTF margin by the client is required to buy a stock under the MTF facility at Jainam?

MTF margin is the amount required as initial margin to buy a stock under the MTF facility at Jainam. MTF margin required for MTF funding varies as per stock. To know margin%, see Jainam's approved stock list for MTF.


RELATED FACTS:

  • The minimum initial margin required for an MTF buy order shall be as under:

CATEGORY OF STOCK

APPLICABLE MARGIN

Group I stock is available for trading in the F & O Segment

VaR + 3 times of ELM

Group I stock (non-F&O stocks)

VaR + 5 times of ELM


  • The initial margin as per the above-prescribed rate should be maintained by the client for all the openly funded positions at all times.
  • The applicable VaR (Value at Risk) and ELM (Exposure Limit Margin) for a particular stock shall be the same as in the cash segment.
  • Form of MTF Margin: The initial margin payable by the client shall be in the form of cash, cash equivalent, or as stock collateral from pledging. To know more, see Which stocks can be pledged at Jainam for the initial margin required for MTF?