Thursday, April 23, 2020

MCX April oil futures row | Brokers discourage trade via exchange, seek margin of 200-400%

MCX April oil futures row | Brokers discourage trade via exchange, seek margin of 200-400% Moneycontrol has learnt that brokers are only allowing clients to square off their existing positions. In cases where clients are initiating trades, brokers are seeking 200-400 percent margin.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/mcx-april-oil-futures-row-|-brokers-discourage-trade-via-exchange-seek-margin200-400_13705161.html

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