Dahatre wrote:Hmm...sounds a bit like margin trading?? That is NOT allowed on the NSE or is it?
Anywho...Will call D&B to clarify since I did not borrow anything
@Dahatre there are two definitions for the "haircut"...
The 2nd one defines it as the amount that one's portfolio would be valued at if they desired to use it as collateral for a bank loan...
Dyer and Blair uses a rate of 75% of the portfolio but your lender may prefer a lower rate of 50% depending on the asset mix!
Mark 12:29
Deuteronomy 4:16