This is to notify that due to the expected volatility on account of the Union Budget today, we have taken the following measures:
Revised Leverages for Intraday, Cover Order, and Bracket Order.
| Instrument | Leverage |
| Equity | |
| Intraday | 2x of VAR+ELM leverage for F&O Stocks |
| 1x of VAR+ELM for Non-F&O Stocks (Nifty 500) | |
| Maximum leverage of upto 10x | |
| BO/CO | Only for F&O Stocks |
| 2x of VAR+ELM | |
| Maximum leverage of upto 10x | |
| Futures | |
| Index Futures | |
| Intraday | 2x of SPAN+Exposure |
| BO/CO | Blocked |
| Stock Futures | |
| Intraday | 2x of SPAN+Exposure |
| BO/CO | Blocked |
| Commodity Futures | |
| Intraday | 3x of SPAN+Exposure |
| BO/CO | 4x of SPAN+Exposure |
| Crude Oil BO/CO | 4x of SPAN+Exposure |
| Option Selling | |
| Index Options | |
| Intraday | 2x of SPAN+Exposure |
| BO/CO | Blocked |
|
Stock/Commodity Options
|
|
| Intraday | 3x of SPAN+Exposure |
For more details, you can visit our Margin Calculator.
Note: As per our RMS, all the positions will be squared off without prior intimation, if the clients’ Mark to Market (MTM) reaches 60%. Clients are required to monitor their positions!
The margin requirements are subject to change based on the discretion of our risk team and we will revise the leverage based on the volatility in the market. We advise you to keep track of the latest updates on the notice board.
![](/wp-content/uploads/2018/02/forum.jpg")