Since May 31, 2021, the provision of additional leverage offered for purchasing index options, i.e., Nifty, FinNifty, and BankNifty employing Cover Orders (CO) has been effectively ceased. This alteration was done so that it complies with the latest developments in the peak margin regulations which demand the maximum intraday leverages that brokerage agencies can offer.
Why did I not receive leverage benefit while purchasing index options using Cover Orders? Print
Did you find it helpful? Yes No
Send feedbackSorry we couldn't be helpful. Help us improve this article with your feedback.