Comment on Zerodha F&O margin Calculator

SALIL commented on 04 Jul 2015, 02:11 PM

I have used the PC SPAN Software provided by NSE to calculate Span Margin.
I find that there is major difference between your online calculator and PC SPAN.
eg. Nifty Near Month JUL 2015 – (25 qty)
PC SPAN shows approx 14500 – 1500
Zerodha show apporx – 10500- 11000
I was wondering if you use only the 16th scenario. I can see that as per SPAN Max Loss value seen from 1-16 scenario is not matching with PC – SPAN software with me.
I can also see that your values are matching with other brokers also but when everything is based on SPAN calculation can you explain why this difference is shown.
I wanted to rely on only one calculation but this confusion has to be cleared to take proper decision.
I am trying to build my trading strategy and all these factors are important to me.
Your help in this regard will be highly appreciated. Thanking you in anticipation.

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