Is it mandatory for a client to pledge Margin Trading Facility (MTF) funded stocks?
Is it mandatory for a client to pledge Margin Trading Facility (MTF) funded stocks? |
Yes. MTF-funded stocks are automatically pledged in favor of Jainam Broking Limited as security for the funded position. CDSL authorization is mandatory for processing and maintaining MTF-funded positions. Understand MTF Pledging Learn how MTF-funded stocks are automatically pledged as security and understand the CDSL authorization requirement. Have a question? |