SEBI has allowed securities funded by cash collateral to be considered as maintenance margin for Margin Trading Facility (MTF) to promote ease of doing business. This move helps to ease the burden of providing additional collateral towards the maintenance margin for the margin trading facility. This change came after SEBI received requests from market participants through the Industry Standards Forum to relax margin trading requirements. The circular shall come into effect from October 1, 2024.
CIRCULAR NO. SEBI/HO/MRD/MRD-POD-2/P/CIR/2024/118 dated 11.09.2024