Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 06 Sep 2014, 07:30 PM

Usually the positions get squared off when the margin in your account drops below the SPAN margin requirement. When you visit our Margin calculator, you can see something called SPAN margin, which shows you the minimum SPAN margin requirement.

For Reliance SPAN is 19360 and Exposure 13025, total around 32655, so the maximum you can lose before your positions get squared off is 13000. We usually square off if you lose more than 70% of this exposure margin

View the full comment thread »