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Institutional trade to have margins too

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:34 PM IST
The Securities and Exchange Board of India (Sebi) on Wednesday said broking houses will have to provide for margining for all institutional trades in the cash markets with effect from April 21. The move brings institutional business on par with the retail segment.
 
At present, there is no margin system for institutional trades while brokers charge margins from retail customers for their trades.
 

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First Published: Mar 20 2008 | 12:25 AM IST

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