I just received a mail regarding margin call saying my margin utilisation has reached 100.97% of my available balance. But the thing is in varsity I read if the amount in exposure goes very low only then I would get a margin call. Please explain
The email you’ve received is a system generated alert when the margins you’re maintaining is lower than what’s required for the position you’re holding. It’s an alert that indicates that you’ve to top up your account failing which your position is liable to be squared off for shortage of margins.
You’ll receive one more alert when your exposure margins drop upon which you have to act immediately to avoid squaring off of positions.
So if my balance in exposure is sufficient I dont need to worry about my positions being squared off automatically right?