Comment on Zerodha - Margin Policies

Zerodha commented on 28 Aug 2013, 11:39 AM

An obligation amount can either be a debit/credit. Below are the constituents:

Equity Obligation:
*Debit: Purchase of Equity Stocks/ Intraday Loss/ Purchase and Sale of Equity Stock with Purchase Value > Sale Value
*Credit: Sale of Equity Stocks/ Intraday Gain/ Purchase and Sale Equity Stock with Sale Value > Purchase Value
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F&O / Currency Derivative Obligation:
*Debit: Purchase of an Option Contract/ MTM Loss on Futures
*Credit: Sale of an Option Contact/ MTM Gain on Futures
**Obligation amount posted is after Brokerage and all other statutory charges

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