By mistakenly I have pressed exit for one my BO order and immediately I got a message from zerodha saying I have exceeded my margin untilization. When I check my order book the order got squared off and I don’t have any open orders. All orders are squared off.
So do I need to add funds to my account now?
A margin call SMS and email is sent out when you have a margin shortfall in your futures and/or options position owing to losses in the position.
Since your position is already squared off, you don;'t have to add funds to maintain your position. However, if your account is in a debit (negative) balance, you will be charged interest.
Thank you got it.