Comment on ZT-Position Conversion

Nithin Kamath commented on 16 Sep 2016, 08:09 PM

Based on closing price today, there will be either MTM debit or credit to your trading account. So if crude closes at 3001 today, loss of 2600 debited from your account. Starting point for tomorrow is 3001. At the end of the day, if you have 10 to 15% lesser margin than what is required as per exchange, your positions might get squared off.

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