Comment on Query of the Day

Nithin Kamath commented on 10 Oct 2013, 03:28 AM

Chan,

1. Yes once it goes against you, there will be a MTM loss in your account, so you will need to maintain the margin. Usually square offs will happen when your margin drops by over 20% of the required margin.

2. No you would not need extra money to square off an existing position.

3. Yes.

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