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Stock brokers body urges Sebi to reduce peak margin to 50% from 75%

Stock brokers body urges Sebi to reduce peak margin to 50% from 75%
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National Exchanges Members , தேசிய பரிமாற்றங்கள் உறுப்பினர்கள் ,

Anmi Urges Sebi To Reconsider Proposal On100 Pc Levy On Peak Margin


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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.
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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. ....

National Exchanges Members , Tock Brokers 39 Association , தேசிய பரிமாற்றங்கள் உறுப்பினர்கள் ,

Welcome To IANS Live - BUSINESS - Peak margin levy will lead to export of business to overseas markets


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New Delhi, May 24 (IANS) Association of National Exchanges Members of India (ANMI) has urged regulatory authorities 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.
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Update: 24-May-2021 ....

New Delhi , Association Of National Exchanges Members India , India Private , News Service , National Exchanges Members , All Rights , புதியது டெல்ஹி , சங்கம் ஆஃப் தேசிய பரிமாற்றங்கள் உறுப்பினர்கள் இந்தியா , இந்தியா ப்ரைவேட் , செய்தி சேவை , தேசிய பரிமாற்றங்கள் உறுப்பினர்கள் , அனைத்தும் உரிமைகள் ,

Peak margin levy will lead to export of business to overseas markets: ANMI


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Association of National Exchanges Members of India (ANMI) has urged regulatory authorities 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.
 
ANMI has written to the Securities and Exchange Board of India (SEBI), expressing its opinion 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.
 
ANMI, however, reiterates that they are not against collection of intraday margin levied on clients nor the levy of full margin on the Clearing member irrespective of the nature of the trade. ....

Association Of National Exchanges Members India , Exchange Board Of India , National Exchanges Members , Exchange Board , Index Futures , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation , சங்கம் ஆஃப் தேசிய பரிமாற்றங்கள் உறுப்பினர்கள் இந்தியா , பரிமாற்றம் பலகை ஆஃப் இந்தியா , தேசிய பரிமாற்றங்கள் உறுப்பினர்கள் , பரிமாற்றம் பலகை , குறியீட்டு எதிர்காலங்கள் , பரஸ்பர நிதி வருமானம் ,