Comment on Zerodha - Margin Policies

Sukesh commented on 21 May 2014, 12:55 AM

Thanks again.. That leads to my next question again (I know i have lots of questions and might be bugging u.. )..

If i have a mixture of F&O instruments open in my account and the positions start moving against me, then which one will be squared off? Will all my open positions be squared off at the same time?

For Example, i have 3 open positions A, B & C.. I had sufficient margin when i opened these positions however as time passed it went against me and the margin requirement started to increase and the funds in my account were eventually not enough to even fulfill the SPAN requirement..

Now once the margin maintained drops below the SPAN requirement, which of my positions will be squared off first? A, B or C or All my open positions?

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