Comment on SPAN Calculator

BS1000 commented on 30 Jun 2013, 11:34 AM

I am using Zerodha trader -Web version. I wanted to short 1000 Nifty Futures and simultaneously buy 1000 Call options. Based on the margins calculated by the SPAN caculator, I had sufficient margins to cover my trade. But when I tried entering the trade using Spread Order as well as individually, the system rejected my trade for want of sufficient margins. Don’t think that SPAN calculator is useful unless there is a different process for entering the trades.

Regards

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