Brokers expect volatility spike, make margin trading costlier
Thu, Feb 1, 2024 9:09 AM

Brokers expect volatility spike, make margin trading costlier

A Flip by Shubhangi Gupta
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Stock brokers in Mumbai are anticipating a volatile market due to the Union Budget and US Fed's policy meeting. To discourage excessive risk-taking, some brokers have increased the margin requirement for MTF clients from 20% to 100%. This has led to record high of ₹57,000 crore borrowed for margin trading. Brokers are closely monitoring risks and increasing margin provisions to protect investors.

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