Currency Contract Wise Margin Percentage

Currency Contract Wise Margin Percentages feature provides you information on Initial Margin Percentage that will be blocked once you take a position in underlying currency.

What does Margin percentage indicates?

Let's take an example. Let's suppose you wish to buy a Futures contract for USDINR and wish to know how much amount will be blocked from your account initially.

Now, when you browse the given table, you will find the exposure percentage for USDINR is 20%. Assuming the lot size as 1000 and trade price is 45.0000, the initial margin would be:

Initial Margin = (Lot Size * trade price) * (Initial Margin)

=> (1000*45) * 20% = 9000.

Thus, the initial margin that will be blocked is Rs 9000. (Brokerage charges ignored here in example).

Margin percentage Details

The details displayed in Contract-wise Margin Percentages report include:

Exchange - this field will display the exchange.
Symbol - this field will display the underlying currency pair symbol.
Margin Percentage (Carry Forward) - this field will display the margin percentage blocked for taking positions in the contracts of given currency pair in delivery product (Carry Forward).
Margin Percentage (Intraday) - this field will display the margin factor for taking positions in the contracts of given currency pair in Intraday. E.g. if Margin Percentage for taking position in Carry Forward is 2% and Intraday factor for same currency pair is .50, then Margin percentage for Intraday = 2 * .50 = 1%.

Note!