What does the "delivery margin" field on TradeJini CubePlus mean?

When selling securities from a demat account with TradeJini, a delivery margin equivalent to 20% of the total value of the stocks sold is temporarily blocked. Following SEBI’s recent peak margin norms, only 80% of the proceeds from selling holdings will be credited and available for new trades. The funds held under the delivery margin will be released and accessible from the next trading day.

Example Scenario:

Let’s consider the sale of 50 shares of ZEEL through TradeJini at ₹211.15 per share. The total value of the holdings sold is ₹10,557.50, calculated by multiplying 50 shares by the per-share price of ₹211.15 (excluding charges).

Out of the ₹10,557.50, 80% credit (₹8,446) is available as a negative balance under the used margin field. This negative used margin can be utilized for other trades. The remaining 20% credit (₹2,111.50) is temporarily blocked under the delivery margin field.

It’s important to note that the delivery margin also includes an additional margin, which may be blocked if there are F&O positions due for physical delivery.