Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
15 Mar 2020, 03:59 PM
One more query on these lines:
◦The margin requirement for all Stock F&O contracts will be increased 2 days prior to expiry (Wednesday and Thursday of the expiry week) to twice of the exchange mandated SPAN + Exposure margin required.
– if lets say last 2 days.
Span Margin = 1000
Exposure = 900
Whether we need to maintain Margin:
(1000+900)*2 = 3800
or
(1000+900) + 1000
Please help me in understanding this.