One97 Communications’ wholly-owned subsidiary -- Paytm Money has launched new feature ‘Margin Pledge’. The feature will allow users to pledge their existing stocks and ETFs in return for a collateral margin that can be used for trading in stocks, ETFs, futures, and options.
Investors holding a portfolio of stocks might miss out on trading opportunities due to the unavailability of funds. To address this, Paytm Money has introduced the Margin Pledge feature.
One97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.