Investors will Get Interest Payment on Collateral Deposited with Broker: SEBON

Thu, Aug 13, 2020 2:43 PM on Latest, Stock Market,

The 25% collateral that investors have to deposit with their respective broker company will get interest payments from now on.

Until now, the amount deposited as collateral was deposited by broker companies, and investors did not get any interest incentive. This amount would otherwise have collected interest if it had been in a bank account.

Issuing a new notice, SEBON has informed investors that it has amended the formality in a way that allows investors to get interest payments even on their collateral amount.