Comment on New margin framework for F&O trades
I was shown a margin requirement of ~Rs. 15K to buy a 10100 PE and sell a 9900 PE.
I had a margin of 60K in my account.
Since execution of both the trades is not possible in one go – I ended up by buying the 10100 PE first and when i placed the order for selling 9900 PE, I received an error message saying that margin is insufficient!!
How is this possible?
Are your systems not updated?