Margin Trading Facility- Clarification

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..... k for permitting stock brokers to provide margin trading facility to their clients. 2. Representations have been received from the Stock brokers and their Association requesting to enable them to utilize funds from sources other than Banks and Non-Banking Financial Company (NBFCs) for extending margin trading facility. Stock brokers have further represented that currently various sources of bor .....

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..... rom any other source, except the sources stated at para 3 above. 5. The conditions stated at para 14 of circular dated June 13, 2017 shall stand modified as above. All other conditions stated in the circular CIR/MRD/DP/54/2017 dated June 13, 2017 remain unchanged. 6. The Stock Exchanges are advised to:- 6.1. take necessary steps and put in place necessary systems for implementation of thi .....

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