2min chapter

Capitalmind Podcast cover image

SEBI takes a big chunk of income away from stock brokers

Capitalmind Podcast

CHAPTER

What Is Happening Already Is T Plus Zero

The exchange says it doesn't care if you're a buyer or a seller. It wants 20% margin for whatever you have traded, debited from your account until you actually deliver those shares. So what brokers did to offset this problem was something called an EPI,. The idea over here is if I buy something today, instead of waiting till tomorrow to deliver the shares, I deliver the shares today itself.

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