I haven’t yet purchased GSecs, but I have heard quite a number of people talking all rainbows about them. I am thinking of investing in GSecs soon.
Hello, any clue on how long before a new gsec issue is available for pledging? Asking specifically for 726GS2033-GS
@ShubhS9
This bond was issued on 6th February. You will be able to pledge once approved by the Clearing Corporation. They update the list once per month.
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Why can’t we sell pledged Gsec or SGB or any cash equivalent component directly ?
It is loss of opportunity for unpleding & selling it on next day. Can we incorporate instant selling of pledged?
@Jason_Castelino : i had seen you had this question somewhere i couldnt get that thread. Did yiu get response for that ?
Nah. I don’t have hopes also.
Waiting waiting and waiting….
Allowing instant selling of pledged cash component securities is on our list of things to do.
Hello @ShubhS9
Just trying to understand , when we have instant selling of peldged stock , How different is selling of cash equivalent.
Onus should be on investor to make sure he still meets 50 percent cash equivalent. Otherwise penalize . ‘m i missing something else.
Appox when can we expect this to be available?
Can we buy stocks for swing trades by pledging G-Sec ?
Hey @Dev_Anand
The margin obtained can be utilized for intraday equity trading, long and short futures, and writing options (equity and currency F&O).
@KarthikAcharya Can the margin obtained by pledging Cash Equivalents securities be utilized towards commodities Long and short futures? If yes then how do I choose whether I require the margin towards commodity A/c or equity If no any plans to bring this?
Hey @Chetan_Nahata
Commodity futures and options cannot be traded using collateral margins.
We are currently exploring the possibility of offering this option to clients.