Can funds in the equity segment be used to trade in commodities or vice versa?

Can funds in the equity segment be used to trade in commodities or vice versa?

  • No, funds available in the equity ledger cannot be used to trade commodities or vice versa.
  • Jainam facilitates equity and commodity trades through two separate companies :-
    1. Jainam Broking Limited  for equity trading and
    2. Jainam Commodities Private Limited for commodity trading.
  • Equity and commodity funds are maintained separately with these two companies in compliance with regulations.
  • Currently, if funds from the equity segment are to be used in commodities (or vice-versa), the funds must first be withdrawn to the bank account and then added back to the segment of choice.