Margin calculation?

healthsecure15

I read this: https://kite.trade/docs/connect/v3/margins/

Seems very interesting. I cannot find the python call for it.

I tried:

kite.margins([
{
"exchange": "NSE",
"tradingsymbol": "INFY",
"transaction_type": "BUY",
"variety": "regular",
"product": "CNC",
"order_type": "MARKET",
"quantity": 1,
"price": 0,
"trigger_price": 0

}
])

Which gave the obvious output. What would be the correct call for calculation of margin as per the kite.trade doc linked above?

Thanks

rakeshr

I cannot find the python call for it.

You can use order_margin method to make the order margin calculation call. You can refer python example code for the same here.

mayankk

@rakeshr can you please help answer how to get the margin for the basket order. I used order_margins for multiple orders but it only gives the individual orders margin. How do I get the final margin for the basket using python. appreciate your help thanks

mlearner

You can use order_margin method to make the order margin calculation call. You can refer python example code for the same here.

@rakeshr - The python call as mentioned in sample code is not working for me.

margin_detail = kite.order_margins(order_param_single)

Getting below error -

INFO:root:Required order margin: 'KiteConnect' object has no attribute 'order_margins'

Also for basket orders, will "kite.order_margins()" work or the python call is "kite.basket_margins()"?

rakeshr

INFO:root:Required order margin: 'KiteConnect' object has no attribute 'order_margins'

You need to update your package using pip install --upgrade kiteconnect.

Also for basket orders, will "kite.order_margins()" work or the python call is "kite.basket_margins()"?

Also for basket orders, will "kite.order_margins()" work or the python call is "kite.basket_margins()"?

We haven't added basket margins APIs to python client, as of now. You will have to use requests to use this, for now. We will add this to python client soon.

akshay_thakker

Hi Rakeshr,
I am getting a `TypeError: order_margins() got an unexpected keyword argument 'mode'` error when i use the mode='compact' argument. Code is as below
def order_margin():
order_param_single = [{
"exchange": "NFO",
"tradingsymbol": "NIFTY22MARFUT",
"transaction_type": "BUY",
"variety": "regular",
"product": "MIS",
"order_type": "MARKET",
"quantity": 50
}]
margin = kite.order_margins(order_param_single, mode='compact')
return margin

Also how do i post formatted code into the comments?

and finally isnt a format similar to
kite.place_order(variety='regular', exchange='NFO', tradingsymbol='NIFTY22MARFUT'
transaction_type='BUY', quantity=100, product='MIS', order_type=kite.ORDER_TYPE_LIMIT, price=200) easier to use for the kite.order_margins() format as well?

rakeshr

I am getting a `TypeError: order_margins() got an unexpected keyword argument 'mode'` error when i use the

You would be on an older version of the python kiteconnect client. You can upgrade the package using:
pip install kiteconnect --upgrade

akshay_thakker

Thanks for a prompt response.
upgraded to kiteconnect 4.0 but still gives the same error.
Also can you please tell me how to put in formatted code into my posts?

sujith

You can select code block and click on dropdown next to list formatter and then select code.

akshay_thakker

Thanks Sujith
BTW do you think it makes sense to convert the format for kite.order_margin() to a format similar to

kite.place_order(variety='regular', exchange='NFO', tradingsymbol='NIFTY22MARFUT'
transaction_type='BUY', quantity=100, product='MIS', order_type=kite.ORDER_TYPE_LIMIT, price=200)

easier to use for the kite.order_margins() format as well?

stockants

order_param_single =[{"exchange": "NFO",
"tradingsymbol": "NIFTY22AUG13800CE",
"transaction_type": "sell",
"variety": "regular",
"product": "MIS",
"order_type": "MARKET",
"quantity": 50}]



{'NFO:NIFTY22AUG13800CE': {'instrument_token': 10204674, 'last_price': 4165.85}}
[{'type': 'equity', 'tradingsymbol': 'NIFTY22AUG13800CE', 'exchange': 'NFO', 'span': 0, 'exposure': 0, 'option_premium': 208292.50000000003, 'additional': 0, 'bo': 0, 'cash': 0, 'var': 0, 'pnl': {'realised': 0, 'unrealised': 0}, 'leverage': 1, 'total': 208292.50000000003}]


getting wrong total


data validated from zerodha margin calculator

Premium receivable ? Rs. 2,08,293

Total margin ? Rs. 3,18,520

SRIJAN

You are using incorrect value for transaction_type.

It should be in upper case.

stockants

Thanks @SRIJAN i made change still getting different values.

my code:
order_param_single = [{
"exchange": "NFO",
"tradingsymbol": "BANKNIFTY2290135500PE",
"transaction_type": "SELL",
"variety": "regular",
"product": "NRML",
"order_type": "MARKET",
"quantity": 25,
}]

margin_detail = kite.order_margins(order_param_single)
print(margin_detail)
logging.info("Required margin for single order: {}".format(order_param_single))




Response:

[{'type': 'equity', 'tradingsymbol': 'BANKNIFTY2290135500PE', 'exchange': 'NFO', 'span': 59336.755000000005, 'exposure': 30131.43975, 'option_premium': 0, 'additional': 0, 'bo': 0, 'cash': 0, 'var': 0, 'pnl': {'realised': 0, 'unrealised': 0}, 'leverage': 1, 'total': 89468.19475000001}]

Response from zerodha calculator:

Span Rs. 58,008

Exposure margin Rs. 29,532

Premium receivable ? Rs. 153

Total margin ? Rs. 87,540

SRIJAN

https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/difference-in-margins-kite-margin-calculator

The margin you get from API is the correct one always.

stockants

Thanks for prompt reply.