Sebi’s new peak margin norms: How it will impact traders from September 1

The final phase of market regulator Sebi's peak margin rule comes into effect from September 1. Here's all you need to know about the rules and why many traders are unhappy with it.

Stock market trade is likely to witness a drastic shift from Wednesday as market regulator Securities and Exchange Board of India’s (Sebi) new margin rules will come into effect. Under the peak margin rule, which has received criticism from many market participants, traders are required to give 100 per cent margin upfront for their trades. Experts say this will impact intraday trade. It may be noted that Sebi introduced new margin rules a year ago for day traders.