Comment on SPAN Calculator

Nithin Kamath commented on 06 Aug 2013, 03:15 AM

For intraday you will need 40% of SPAN +exposure, at Zerodha we also give margin benefit as we settle with exchanges on T+0.

So what this means is presently for nifty to hold overnight you need 23k with us and for intraday you need 40% of this which is around 9k. But you need to use the product type MIS while trading intraday and this will be squared off at 3.20pm if you don’t convert it to NRML which is product type to hold position overnight.

Cheers.

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