Comment on Zerodha F&O margin Calculator

Nithin Kamath commented on 04 Feb 2016, 09:53 AM

1. Hmm.. on Now the payment gateway is available only for Axis and HDFC. You will have to do NEFT/IMPS if you have other banks.
2. Any MTM losses below the SPAN+Exposure has to be met the same day. Exchanges block the entire SPAN +Exposure all the time from the broker. If margin in the account goes below SPAN on eod, exchanges even charge a penalty. Typically we don’t auto square off positions if margin in your account is above the minimum SPAN required. If your account balance drops by 60 to 70% from what is the money required for holding the position intraday, it will be auto squared off.

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