Yes. SPAN and Exposure will be blocked in your ledger statement, but the collateral margins won’t be shown in your ledger, you need to check from your Kite margins.
Example:
Currently, for your iron condor, the margin requirement is Rs.53,894.05(SPAN+Exposure) let’s say you have taken fresh positions and the margin requirement has been updated as Rs.1,50,000.
With reference to your Kite margins, you have Available Cash = Rs.88,551.15
and Collateral Margins = Rs.18,25,829.40
.
Now, the entire Rs.1,50,000(SPAN+Exposure) will get blocked from your liquid collateral margins, so your kite margins will look like below,
Opening Balance: Rs.88,551.15
Used Margin: Rs.1,50,000
Total collateral(Liquid): Rs.18,25,829.40
Available Cash: Rs.88,551.15(The entire margins will be blocked from collateral margins, so your actual cash will be visible under available cash)
Available Margins = Rs.17,64,380.55(Available Cash + Total Collateral - Used Margin)
Your ledger statement looks like below:
Opening Balance: Rs.88,551.15
Span+Exposure: Rs.1,50,000
Closing balance:Rs.−61,448.85(Your closing balance will be in debit balance, but you can ignore the same. The collateral margins won’t be included in the ledger statement, hence the debit balance).