Trading

What is Exchange Margin Funding (EMF)?
Exchange Margin Funding (EMF) is a leverage mechanism that enables you to get funding for your new equity Buy trades in approved securities as per Exchange guidelines. You will have to provide approximately 25 – 50% as upfront collateral margin, which can be in the form of funds or through EMF-approved stocks (by selecting DP to Margin or DP to EMF). You can carry EMF positions for an infinite period just by maintaining the minimum required Espresso margin. You will have to pay a fixed percentage as interest on the debits and reap the benefits of equity growth. The interest rate is the same as Delay Pay-in Charges (DPC). Here, for debit, the merged ledgers’ value (that is, EMF and Cash ledger) will be considered. For example, if the Cash ledger is +1 lakh and EMF ledger is -50,000, then the overall net ledger value is +50,000, so no interest will be charged to the client.
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