Today I tried buying a total of 6600 quantity Amaraja Jun futures for Delivery.
It was rejected for margin requirement.
“rms:margin exceeds,required:1179386.50”
In another broker, the same order, at the same time, only expected a required margin of 9.44L
Buying price and quantity, as well as market conditions were same for both orders.
Just to test it out I placed the orders simultaneously.
Screenshots are available if required.
Hmm… I am checking our margin requirement, says 65k for 1 lot of 600. So should be around Rs 7.5lks for 6600. I am guessing you had another pending order which was blocking margin.