Comment on SPAN Calculator

Sajeev commented on 10 Nov 2013, 02:20 PM

Greetings,

I am a new user and have had a good experience so far. My question relates to the difference in Span amounts for the same contracts with ICICI Span calculator and Zerodha – for Zerodha it shows around 19,000 and ICICI is around 25,000 – a difference of 33%… While from a trader’s point of view it is advantageous however since I have been trading since 2005 and witnessed the carnage of Oct 08 Lehman collapse during which a lot of discount brokers folded up and one of the main reasons was because of lax margins for HNIs so getting a bit paranoid especially with high volatility because of elections in India :-)…

Thanks in advance,

Warm regards,

Sajeev

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