Comment on Zerodha - Margin Policies

Sukesh commented on 05 Sep 2014, 11:36 AM

Hi Nithin,

One more question –

If i want to enter a F&O position which say requires a margin of 10k (SPAN – 8k, Exposure – 2k) but i have around 9k in my account.

Now i take the same position Intraday so the margin blocked is about 40% of Overnight position i.e. around 4K.

Before the market closes i plan to take this position overnight, now the cash in my account (9k) is more than the required compulsory SPAN margin of 8k but less than the required overall margin of 10k.

Will i be allowed to convert my intraday position to overnight, with total cash of 9k in my account?

Thanks in advance.


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