Hey fellow traders,
I wanted to share some exciting news regarding a recent update, that will make a positive impact on our trading experience. Up until now, the Required Margin displayed in the Orderpad didn’t consider our Open Orders and Open Positions. As a result, sometimes the shown margin was higher than what we actually needed.
But here’s the good news: with the new release, the Required Margin calculation has been improved using the AROM SPAN calculator. This means that the margin displayed on the Orderpad will now take into account our Open Orders and Positions, giving us a much more accurate estimation of the required margin.
Why does this matter? Well, it allows us to place orders with reduced margin, resulting in potential cost savings. And here’s the cherry on top: if you have any hedged positions, you’ll benefit even more.
Let me illustrate with an example: Suppose you already have a Buy position of Nifty June Future. Now, you want to sell Nifty July Future. Previously, the Required Margin on the Orderpad would show Rs. 1,00,000 for this trade. However, with the new update, it will only display Rs. 20,000 as the Required Margin. That’s a significant reduction!
So, thanks to this update, we can now trade with more accurate margin information and potentially save costs along the way. Happy trading, everyone!
Pintu, Product Manager
