Announcements

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 2^nd 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:

SEBI CIRCULAR LINK | NSE FAQ LINK

Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of these call us on 022-68071111 / 022-42185454 or write to us at support@angelbroking.com

Owned by state-run PowerGrid Corporation of India, PowerGrid Infrastructure Investment Trust was set up to own, construct, operate, maintain and invest as an infrastructure investment trust. The PowerGrid InvIT’s Initial Portfolio Assets comprise five power transmission projects located across five states of India.

More on PowerGrid InvIT IPO | How to Check Allotment Status | How to Apply

The below table has important dates with respect to the IPO allotment and listing

Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request:

• Contact your sub broker
• In case you don't have a sub broker, call us on 022-68071111 | 022-42185454

In its recent circular, the National Stock Exchange (NSE) has announced a revision in the market lot size of Derivative Contracts. As per this, the Market Lot size for NIFTY50 (Symbol - NIFTY) has been reduced from 75 to 50.

However, there is no change in the lot size for derivative contracts on Nifty Bank (Symbol - BANKNIFTY) and Nifty Financial Services (Symbol - FINNIFTY). Their lot sizes remain as 25 and 40 respectively.

How will this help you?

The reduction in the lot size for NIFTY50 will make futures trading more affordable since it reduces the margin requirement substantially. Consider the Example below for a better understanding:

Example

• This revision is applicable for Monthly Contracts from July-21 onwards and Weekly Contracts from August-21 onwards.
• Contracts with monthly maturity of May-21 and June-21 will continue to have the existing market lot size of 75.
• Weekly Contracts for the Month of May-21, June-21, July-21 will have the existing market lot size of 75.
• Spread Trading will not be allowed for the combination contract of May 2021 - July 2021 and June 2021 - July 2021 expiries. (Spread trades refer to buying one security and selling another related security as a unit. This is a common activity for regular rollover trades in options and futures contracts. More on Spread Trading)

Refer Circular

Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of these call us on 022-68071111 / 022-42185454 or write to us at support@angelbroking.com

Spoofers refer to traders who place bulk orders, and then intentionally cancel them before they are executed. This practice – Spoofing – is aimed at creating an unreal demand or supply situation, so as to cause sharp price swings.

As per the Circular dated 26-Mar-21, Stock exchanges have put in place a new order-level surveillance mechanism to curb activities such as Spoofing.

Effective from 5-Apr-21, the new guidelines shall be applicable on the daily trading activity at both levels - customer & broker. These new measures will be based on the following parameters and the first surveillance action on such Persistent Noise Creators shall be on May 05, 2021

1. High Order to Trade Ratio (OTR) in value terms (i.e. Value of all Orders Entered /Modified/Cancelled in a Security / Contract)
2. High Number/Instances of Order Modifications, and
3. High percentage of Order Modifications

A violation of the above three conditions will be considered as 1 instance, and based on the number of instances the below surveillance action will be taken.

Refer Circular for details.

13-Apr-21 is a Settlement Holiday due to Gudi Padwa. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

• You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:

• Your credit balance for 13-Apr will not include the following:

Note: 14-Apr is a Trading Holiday due to Dr. Baba Saheb Ambedkar Jayanti. The same has been taken into consideration to arrive at the Date of Settlement mentioned above.

Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.

Here’s a Quick List of Settlement Holidays.

Formerly known as Lodha Developers, Macrotech Developers was incorporated in 1995 and is the largest real estate developer in India. As on Dec 31 2020, the firm has successfully completed 91 projects comprising 77.22 million sq. ft. of developable area, with 59.13 million sq. ft. in the affordable housing segment.

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More on Macrotech Developers IPO | Know How to Apply | How to Check Allotment Status

The below table has important dates with respect to the IPO allotment and listing

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