Comment on SPAN Calculator

Nithin Kamath commented on 07 Jan 2013, 02:26 PM


SPAN margin is the minimum required margin as suggested by NSE to hold a future position overnight.

Exposure margin is the NSE suggested margin to keep over the SPAN margin to ensure that there is no short penalty.

Total margin is SPAN+exposure. This is the most important thing to look at. For overnight positions we need total margin and for intraday if you use the product type as MIS, you will require 40% of this.

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