Are you ready for Peak Margin Phase 3?

From 01-Jun-21, the requirement for Peak Margin enters Phase 3. Keep reading to know everything important about this announcement -

A little background on Peak Margin Requirement: In Dec-20, SEBI introduced a new set of guidelines for Collection & Reporting of Peak Margin – which refers to the highest margin requirement of trades done during the day. The roll-out of Peak Margin requirement was to be done in 4 stages with a gradual increase in the upfront margin required. The 2nd phase which ends on 31-May-21 required an upfront margin of 50%.

Phase 3 of the implementation plan begins from 01-Jun-21 whereby minimum 75% of the total peak margin is required for trades done during the day.

Let’s see how this works out with the help of an Example:

Key Points to Remember:

  1. From 01-Jun-21, 75% of total peak margin will be collected upfront before placing any trade, across all segments.
  2. To avoid margin shortage penalty, Funds Payout will be done twice during the day – once before equity market opens & once after equity market closes.

To avoid any interruptions in trading -

  • Keep your Angel Broking account well-funded at all times, and/or
  • Pledge your shares lying in your Angel Demat account

For more details, feel free to visit the below links:


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