Query on currency margin price

ramatius

Hi,
For equity, the margin is shown as a multiple, like mis_margin=10x.
Bit for currency, the margin is shown in rupees.

Does this mean that the margin amount won't change even if the price changes during the day?

Appreciate a quick reply.

Regards,
Ramakrishnan S

Matti

@ramatius The margin requirements for derivative contracts is shown as an absolute value. This is determined based on the previous close price of that scrip. However, the margin requirements in such cases depend on your entire portfolio and may vary, but this number is a good indicator of the margin requirements. In case you're only trading one particular scrip, the margin requirements are as per the calculator.

ramatius

Thanks for the quick response @Nikhil.A .