According to this link, cover order margin is 30% of Var+ELM. For Wipro this comes out to be 12.5*0.3 = 3.75% margin required. The multiplier now should be x26, which seems wrong. Can someone help me here?
Thank you for your response. However, the spreadsheet is still displaying VaR+ELM as 12.5 and the link still shows margin as 30%. Am I missing something?
There was an issue and the link is updated now. We've put in measures to ensure it is updated every day before the market open.
Thank you for your response. However, the spreadsheet is still displaying VaR+ELM as 12.5 and the link still shows margin as 30%. Am I missing something?