If I buy a derivative contract, what is the reason for paying exposure margin when I am already paying SPAN?

[nithin]

@Ankit_Jain3

@nithin why cant this stupid exposure margin be removed? I dont think any of the global stock exchanges have this stupid margin? SPAN should be enough, it is unnecessarily eating away our margin. As nifty rises in value, this margin will keep rising as it is a % of nifty50 value. why dont you guys take it up with SEBI via ANMI?

This was taken up many times before, don’t think anything will change on this.