How can I meet margin requirements on my Options account and what can be lodged as security?
You can meet your margin requirements by lodging cash or eligible stock held in your linked CommSec account.
The current list of Acceptable Collateral can be found here.
ASX Clear apply a 30% "Haircut" to all stock collateral lodged, which means that they only recognise 70% of the market value of Shares held as collateral for the purpose of covering margin requirements.
Please note: CommSec cannot lodge any other tradeable securities or assets apart from cash and current eligible securities on the ASX Clear acceptable collateral list. We also cannot offset margin requirements with any other positions that you may hold in another tradeable product.