16 Apr 2021, 07:45 AM

Latest Intraday leverages - MIS & CO

MIS

MIS leverages for the day are as below:
Segment Leverage /Margins
Equity 52% of the VaR+ELM+Adhoc mandated by the exchange
Index F&O Total of 52% of (SPAN + Exposure)
Stock F&O Total of 52% of (SPAN + Exposure)
Currency Futures 2X(52% of NRML margins)
Commodity Futures 2X(52% of NRML margins)
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 30% of the VaR+ELM+Adhoc mandated by the exchange
Index F&O 2X(52% of NRML margins)
Stock Futures 2X(52% of NRML margins)
Currency Futures 2X(52% of NRML margins)
Commodity Futures 2X(52% of NRML margins)
  • 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 11% 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.