Hi,
yesterday margin required to buy one lot of nifty futures was 17k in span calc. Today it is 21k. Why such a diff? Is it changed by -exchange or by zerodha itself.
thnx
Ankur we settle with exchange on a T day basis because of which we get benefit of lower margins. So we actually are among the lowest margin blocking brokers in India. The SPAN on holidays, doesn’t show this margin benefit that we get. The margin is 17k itself, check this tool as well: https://zerodha.com/margin-calculator/Futures/