Can funds in the equity segment be used to trade in commodities or vice versa?

Can funds in the equity segment be used to trade in commodities or vice versa?

  • No, funds available in the equity ledger cannot be used to trade commodities or vice versa.
  • Jainam facilitates equity and commodity trades through two separate companies :-
    1. Jainam Broking Limited  for equity trading and
    2. Jainam Commodities Private Limited for commodity trading.
  • Equity and commodity funds are maintained separately with these two companies in compliance with regulations.
  • Currently, if funds from the equity segment are to be used in commodities (or vice versa), the funds must first be withdrawn to the bank account and then added back to the segment of choice.