Saturday, June 14, 2008

SEBI NOD FOR CROSS- MARGINING

In a move that will help stock market investors and brokers use their margin funds efficiently, the
Securities & Exchange Board of India has approved cross-margining across cash and derivatives
segments. What it means is that if an investor is buying a stock in which he already has a short position in the futures segment, he will not have to pay margin twice over.

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