How is Delivery Margin calculated for Buy position?
Delivery Margin for a Buy position depends on the following variables: Option for delivery, Marginable Buy Delivery request quantity, Buy Delivery Margin %. Marginable Buy Delivery Request Quantity is Marginable buy position in case of Seller’s option and Compulsory option for delivery. In case of Intentional Matching for delivery it is minimum of Marginable buy position and Total buy delivery request quantity placed. Buy Delivery Margin % is specified for each underlying. Buy Delivery Margin = (Marginable Buy Delivery Request Value * Buy Delivery Margin % on the contract) Marginable Buy Delivery Request Value = Marginable Buy Delivery Request Quantity * Buy Delivery Position Rate Please ignore the following variables: Liquidity Indicator specifies if the contract is liquid enough to get squared off on the last day. Per day Variation % of the contract is a threshold used for resetting the Buy/Sell position delivery rate. Total Levies % on the contract represents the various maximum add