Comment on Online pledging of stocks for trading F&O

Nithin Kamath commented on 11 Nov 2016, 10:28 PM

1. SPAN is the minimum margin required to hold position overnight, below which exchange charges penalty. Exposure is the margin that exchange blocks over and above the SPAN.
2. Yes you will need to have MTM in cash to continue holding position. Typically square off happens when losses exceed 20% of total margin.
3. Yes you can.

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