Upon using Span calculator i calculated Margin required to place an margin hedge basket order but my order got rejected saying insufficient funds. I am holding about 33Lakh amount in my fyers account and this hedge position required 27Lakh. can someone gu

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1

Upon using Span calculator i calculated Margin required to place an margin hedge basket order but my order got rejected saying insufficient funds. I am holding about 33Lakh amount in my fyers account and this hedge position required 27Lakh. can someone guide me on this please?

2

Hi, please try buy order first followed by sell order. I hope it might solve the issue. I’m not sure. Please confirm if this could help

3

Tried that also and only buy orders for executed and sell orders failed with insufficient amount message

4

Hi Sainath,

When you place the orders from the basket order, request you prioritize the fewer margin orders first and then the higher margin order. To get the span margin benefit in the hedge, One leg of the order should be traded.