I would like to request a Rollover Feature for SLBM (Securities Lending and Borrowing Mechanism) positions.
Currently, when a lending series expires, the shares are returned to the lender’s account, and if the investor wishes to continue lending for the next series, a fresh lending order must be placed manually. This creates unnecessary effort for investors who regularly participate in SLBM lending.
Current Challenges
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Manual re-entry of lending orders every month
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Risk of missing lending opportunities between series
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Additional effort for long-term lenders who lend the same stocks repeatedly
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Inconvenient portfolio management, especially for users with multiple SLBM positions
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Possibility of losing continuity in lending income due to delays in placing fresh orders
Suggested Enhancement
Please provide an option to:
Roll Over Existing Lending Positions to the next available series before expiry.
The feature could include:
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One-click rollover to the next month’s series
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Auto-rollover option (user-controlled)
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Display of lending fee/rate for the new series before confirmation
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Ability to modify quantity during rollover
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Advance expiry notifications with rollover option
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Single-screen management of all upcoming rollovers
Industry Practice
This facility is already available with certain other market participants and depository participants such as Motilal Oswal and Nirmal Bang, where investors can conveniently roll over their existing SLBM lending positions to the next series instead of creating a completely fresh transaction every month.
Introducing a similar feature on Dhan would significantly improve the SLBM experience and bring greater convenience to active lenders.
Benefits
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Better user experience
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Reduced manual effort
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Higher participation in SLBM lending
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Improved operational efficiency
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Better retention of lending positions
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Increased lending volumes on the platform
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Competitive feature enhancement in line with industry practices
As Dhan has been continuously innovating in investment products, adding an SLBM rollover facility would be a valuable enhancement for long-term investors and active lenders.
Thank you for considering this suggestion.