{"id":150417,"date":"2026-07-14T13:02:33","date_gmt":"2026-07-14T07:32:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=150417"},"modified":"2026-07-14T13:02:39","modified_gmt":"2026-07-14T07:32:39","slug":"sebi-margin-relief-brokers-epi-backed-cash-market-trades","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/","title":{"rendered":"SEBI Margin Relief for Brokers on EPI-Backed Cash Market Trades Could Unlock Collateral and Improve Capital Efficiency"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>SEBI margin relief proposal targets duplication of margin requirements on EPI-backed cash trades. Aims to unlock broker collateral and ease operational burden. Broking stocks in focus.<\/em><\/p>\n<p>The market regulator is weighing a proposal that would offer <strong>SEBI margin relief<\/strong> to brokers on cash market trades backed by Early Pay-in (EPI), a move aimed at unlocking collateral currently tied up due to overlapping margin requirements. The proposal, reported on 14 July 2026, seeks to improve capital efficiency and ease the operational burden on brokers by addressing what the industry has been calling a duplication of margin requirements on such trades.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=sebi-margin-relief-brokers-news\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#What_the_SEBI_Margin_Relief_Proposal_Involves\" title=\"What the SEBI Margin Relief Proposal Involves\">What the SEBI Margin Relief Proposal Involves<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#Broking_and_Market_Infrastructure_Stocks_in_Focus\" title=\"Broking and Market Infrastructure Stocks in Focus\">Broking and Market Infrastructure Stocks in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#What_This_Means_for_Investors_in_Broking_Stocks\" title=\"What This Means for Investors in Broking Stocks\">What This Means for Investors in Broking Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#What_is_the_SEBI_margin_relief_proposal_about\" title=\"What is the SEBI margin relief proposal about?\">What is the SEBI margin relief proposal about?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#How_would_SEBI_margin_relief_benefit_brokers\" title=\"How would SEBI margin relief benefit brokers?\">How would SEBI margin relief benefit brokers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#What_is_Early_Pay-in_EPI_in_the_context_of_this_proposal\" title=\"What is Early Pay-in (EPI) in the context of this proposal?\">What is Early Pay-in (EPI) in the context of this proposal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#Which_stocks_could_benefit_from_SEBI_margin_relief\" title=\"Which stocks could benefit from SEBI margin relief?\">Which stocks could benefit from SEBI margin relief?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#Is_the_SEBI_margin_relief_proposal_final\" title=\"Is the SEBI margin relief proposal final?\">Is the SEBI margin relief proposal final?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sebi-margin-relief-brokers-epi-backed-cash-market-trades\/#Should_I_invest_in_broking_stocks_based_on_this_SEBI_proposal\" title=\"Should I invest in broking stocks based on this SEBI proposal?\">Should I invest in broking stocks based on this SEBI proposal?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_the_SEBI_Margin_Relief_Proposal_Involves\"><\/span><strong>What the SEBI Margin Relief Proposal Involves<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Under the current framework, brokers facilitating cash market trades backed by Early Pay-in mechanisms have flagged that margin requirements are sometimes applied in a way that duplicates collateral already committed through the EPI process, effectively tying up capital that could otherwise be deployed more efficiently. The proposed <strong>SEBI margin relief<\/strong> is designed to address this overlap, freeing up broker collateral without compromising the risk management objectives that margin requirements are meant to serve.<\/p>\n<p>Industry participants have long argued that easing this duplication would improve capital efficiency across the broking ecosystem, potentially allowing brokers to offer more competitive terms to clients while maintaining adequate risk buffers for the exchanges and clearing corporations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Broking_and_Market_Infrastructure_Stocks_in_Focus\"><\/span><strong>Broking and Market Infrastructure Stocks in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>News of the potential <strong>SEBI margin relief<\/strong> puts the spotlight on listed broking and market infrastructure companies, several of which traded lower in today&#8217;s broader market weakness even as the regulatory development could offer a longer term structural tailwind for the sector.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<thead>\n<tr style=\"background: #1F3864; color: #ffffff;\">\n<th>Company<\/th>\n<th>CMP<\/th>\n<th>Change (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/angelone\/angel-one-ltd-share-price-today\">Angel One<\/a><\/td>\n<td>Rs 335.00<\/td>\n<td>-1.54%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/motilalofs\/motilal-oswal-financial-services-ltd-share-price-today\">Motilal Oswal Financial Services<\/a><\/td>\n<td>Rs 972.25<\/td>\n<td>-1.08%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/cdsl\/central-depository-services-(india)-ltd-share-price-today\">CDSL<\/a><\/td>\n<td>Rs 1,435.40<\/td>\n<td>-0.63%<\/td>\n<\/tr>\n<tr>\n<td>5paisa Capital<\/td>\n<td>Rs 376.35<\/td>\n<td>+1.52%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/nuvama\/nuvama-wealth-management-ltd-share-price-today\">Nuvama Wealth Management<\/a><\/td>\n<td>Rs 1,958.40<\/td>\n<td>+2.02%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Check SEBI Registered Investment Advisor Research on Univest<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_This_Means_for_Investors_in_Broking_Stocks\"><\/span><strong>What This Means for Investors in Broking Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If implemented, <strong>SEBI margin relief<\/strong> on EPI-backed cash trades would represent a structural positive for the broking industry, since freeing up collateral typically supports higher trading volumes and improved return on capital for brokers over time. Investors tracking broking and market infrastructure stocks should watch for the formal consultation paper and final regulatory notification, since proposals at this stage are still subject to industry feedback and SEBI board approval before becoming binding rules.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The proposed <strong>SEBI margin relief<\/strong> for brokers on EPI-backed cash market trades marks a potentially meaningful structural development for India&#8217;s broking industry, aimed at improving capital efficiency and reducing operational burden. Investors should track the regulator&#8217;s formal consultation process and final rule notification before drawing firm conclusions about the sector impact.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track broking sector stocks live and get regulatory update alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_SEBI_margin_relief_proposal_about\"><\/span><strong>What is the SEBI margin relief proposal about?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The SEBI margin relief proposal seeks to ease margin requirements for brokers on cash market trades backed by Early Pay-in, addressing what the industry has called a duplication of margin requirements that ties up broker collateral unnecessarily.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_would_SEBI_margin_relief_benefit_brokers\"><\/span><strong>How would SEBI margin relief benefit brokers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SEBI margin relief would unlock collateral currently tied up due to overlapping margin requirements on EPI-backed trades, improving capital efficiency and easing the operational burden on brokers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Early_Pay-in_EPI_in_the_context_of_this_proposal\"><\/span><strong>What is Early Pay-in (EPI) in the context of this proposal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Early Pay-in, or EPI, is a mechanism where brokers or clients transfer securities or funds ahead of the settlement date, and the SEBI margin relief proposal addresses cases where margin requirements duplicate collateral already committed through this process.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_could_benefit_from_SEBI_margin_relief\"><\/span><strong>Which stocks could benefit from SEBI margin relief?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Listed broking and market infrastructure companies such as Angel One, Motilal Oswal Financial Services, CDSL, 5paisa Capital and Nuvama Wealth Management could see a structural benefit if the SEBI margin relief proposal is implemented.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_SEBI_margin_relief_proposal_final\"><\/span><strong>Is the SEBI margin relief proposal final?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No, the proposal is still under consideration and would typically go through a formal consultation process and SEBI board approval before becoming a binding regulatory rule.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_broking_stocks_based_on_this_SEBI_proposal\"><\/span><strong>Should I invest in broking stocks based on this SEBI proposal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should consult a SEBI-registered advisor and track the formal consultation paper and final regulatory notification before making any investment decision based on a proposal still under review.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SEBI is weighing margin relief for brokers on EPI-backed cash market trades to unlock collateral and improve capital efficiency across the broking industry.<\/p>\n","protected":false},"author":35,"featured_media":150445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-150417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1784014363:29"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["78"],"rank_math_title":["SEBI Margin Relief for Brokers: What the New Proposal Means"],"rank_math_description":["SEBI margin relief for brokers on EPI-backed cash market trades is under consideration to unlock collateral and improve capital efficiency, potentially benefiting broking stocks. Details here."],"rank_math_focus_keyword":["SEBI margin relief"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_thumbnail_id":["150445"],"_edit_last":["29"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["26076"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/07\/SEBI-Margin-Relief-for-Brokers-on-EPI-Backed-Cash-Market-Trades-Could-Unlock-Collateral-and-Improve-Capital-Efficiency.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/150417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=150417"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/150417\/revisions"}],"predecessor-version":[{"id":150448,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/150417\/revisions\/150448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/150445"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=150417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=150417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=150417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}