Here are my few suggestions
1. 100% cash equivalency for MFs & ETFs allowed by Regulators as "Cash Equivalent" for pledging purposes. For eg. Liquid Bees. We should not require to maintain 50:50 cash to collateral balance for trading.
2. Basket Orders in Fyers Web.
3. Margin benefit for hedged positions at order execution level.
Discussion
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Hi @maddy Des,
Thanks for the reply.
1. I have asked this multiple times to CEO of one leading brokerage firm. As per him some instruments are considered as "cash equivalent", ie after haircut is applied, there is no need to maintain cash collateral ratio for fno margins. But you cannot use this for buying options. Do look into this, as this is the major USP that is attracting new clients.
2. Also one more suggestion is accepting FDRs as collateral. Major SM influencers are using this to attract new clients into options trading with certain brokerage firm.
3. "It's work in progress at the moment."
jaldi karo mere bhai. Kahi late na ho jaye!!!
I second what’s said above @Tejas Khoday. Liquidbees and Liquid MFs are considered as cash equivalent collateral by the exchange itself.
Currently, do you not consider them cash equivalent? Does this mean people who pledge for margin keep 50% as idle cash with Fyers?