Comment on Zerodha - Margin Policies

Nithin Kamath commented on 10 Aug 2014, 07:42 PM

Sayan, exchange puts a penalty in case the margin in your account drops below the SPAN margin requirement. For Nifty the SPAN requirement is around 19k, so we usually will square your positions off when it is around 15% above this level (so at around 22k for Nifty). You can see SPAN margin requirements by clicking on the PDF link Equity SPAN margin (PDF) on the right top of the table.

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