What is collateral margin?
Collateral Margin is the extra margin provided by Upstox after your holdings are pledged to the broker. Traders, who need extra margin to trade in the market can avail of this facility. Collateral margin can only be allowed for trading in Equity Intraday, Future and Options writing. You are also supposed to maintain a 50% amount in cash and a 50% amount in collateral margin for overnight F&O positions.
How can you avail this facility?
Currently, the margin pledge has been under development. Customers will be notified, the margin pledge facility is open.