Peak margin
Regulation & taxA requirement, in force since September 2021, that brokers collect margin upfront in full, verified against randomly timed intraday snapshots of the client’s position rather than the end-of-day figure.
In plain terms
The rule that quietly ended the intraday leverage Indian brokers once advertised. Being flat by the close no longer helps if the position was larger when a snapshot was taken, and the shortfall attracts a penalty.