27 Jul 2021, 07:30 AM

Latest Intraday leverages - MIS & CO

MIS

MIS leverages for the day are as below:
Segment Leverage /Margins
Equity 16-20% of the trade value based on the volatility of the stock(VaR+ELM+Adhoc margins of the exchange)
Index F&O 1.3X (77% of NRML margins(SPAN + Exposure))
Stock F&O 1.3X (77% of NRML margins(SPAN + Exposure))
Currency Futures 1.3X (77% of NRML margins(SPAN + Exposure))
Commodity Futures 1.3X (77% of NRML margins(SPAN + Exposure))
You can check the NRML margins required on our margin calculator.

Cover Orders

CO leverages for the day are as below:
Segment Leverage /Margins
Equity 16-20% of the trade value based on the volatility of the stock(VaR+ELM+Adhoc margins of the exchange)
Index F&O 1.3X (77% of NRML margins(SPAN + Exposure))
Stock Futures 1.3X (77% of NRML margins(SPAN + Exposure))
Currency Futures 1.3X (77% of NRML margins(SPAN + Exposure))
Commodity Futures 1.3X (77% of NRML margins(SPAN + Exposure))
  • The leverage offered is for the minimum stop loss set. Margins will increase proportionally for a higher stop loss.
  • For Equity MIS and CO orders, a minimum margin of 16% or x% of Var+ELM +Adhoc(explained above), whichever is higher, will be charged to comply with the peak margin requirements.

Square- off timings

Open intraday positions are auto squared-off by our system at/after the below mentioned time for each segment:
Particular Equity/Cash Equity Derivatives Currency Derivatives Commodities
Auto square off time 3:20 PM 3:25 PM 4:45 PM 25 minutes before Close
Based on market volatility, intraday square off timings can change at the discretion of our risk management team. The same will be updated above. Read this post on Z-Connect on why lower leverages, no CO, during higher volatility periods.