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Is the brokerage rate different for positions which are marked as Pending for Delivery i.e. are not squared off in the same settlement?

April 26, 2017brokerage different marked pending for delivery positions rate squared

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Is the brokerage rate different for positions which are marked as Pending for Delivery i.e. are not squared off in the same settlement?

1 Answer

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10 Posted

Yes. Margin buy open positions that are marked as ‘Pending for Delivery’ shall attract the brokerage as applicable for the Cash product transactions.