Margin Landing Directive, 2082, Comes Into Effect From Today
Summary
The Margin Landing Directive, 2082, effective from today, establishes regulatory standards for margin trading in Nepal, including broker capital requirements, eligible stocks criteria, and margin limits.
Key Points
- The Margin Landing Directive, 2082, has come into effect replacing the previous directive from 2074.
- Brokers must have a minimum paid-up capital of Rs. 20 crore and required memberships to provide margin trading services.
- Margin loans can be provided from brokers' own funds or limited borrowings, with strict borrowing caps relative to net worth.
- Eligible stocks must meet criteria including minimum public shares and profitability, with initial and maintenance margin requirements set for investors.
