BW Businessworld Anmi Urges Sebi To Reconsider Proposal On100 Pc Levy On Peak Margin The bookers' association requested Sebi to reconsider the proposed 100 per cent levy on day trade peak margins as the margin is 300 per cent of what should have been the actual levy. Photo Credit : Stock brokers' association Anmi has urged markets regulator Sebi to reconsider the proposed 100 per cent levy on intra-day trade peak margins, as the higher-margin will reduce hedging opportunities. In a letter to Sebi on May 15, the Association of National Exchanges Members of India (Anmi) said that there is a great disconnect between what is being collected from clients and what needs to be collected vis-a-vis the attendant risks arising in intraday trades.