What is margin in MCX?
The total MCX margin for positional trading comprises of the MCX Span Margin, Exposure Margin and the Extreme Loss Margin (ELM). The margins for intraday trading in the MIS product type are usually a percentage of the margins required for positional trading.
Why MCX margin is high?
Many brokers raised their margins to cover price volatility. India’s largest commodity derivatives exchanges, the Multi Commodity Exchange (MCX), raised trade margins to as high as 59.12 per cent on Monday to prevent its trading clients from defaulting due to a sharp decline in crude oil prices.
What is the lot size of MCX?
MCX Margin Calculator
| Symbol | Expiry Date | Lot Size |
|---|---|---|
| NaturalGas | 28 Mar 2022 | 1250 |
| NaturalGas | 26 Apr 2022 | 1250 |
| Nickel | 31 Mar 2022 | 1500 |
| Nickel | 29 Apr 2022 | 1500 |
What is daily margin?
The daily margin statement is mandatory statement sent as per the exchange regulations, if you have traded for a particular day. The statement informs the client about the utilisation of the available margin. It gives an idea of the free margin available in the account to take new positions.
How is margin money calculation?
Profit margin is the amount by which revenue from sales exceeds costs in a business, usually expressed as a percentage. It can also be calculated as net income divided by revenue or net profit divided by sales. For instance, a 30% profit margin means there is $30 of net income for every $100 of revenue.
Is MCX trading profitable?
Finally, in commodity trading, it is just as easy to profit selling short as buying long. There are no restrictions on short selling as there are in the stock markets. Having the potential to profit just as easily from falling prices as from rising prices is a major advantage for an investor.
What is delivery period margin?
Delivery Period Margin means a margin levied by the Exchange or Clearing Corporation on the long and short positions marked for delivery till the pay-in is completed by the member. Once delivery period margin is levied, all other applicable margins may be released.
What is copper rate in India?
Copper Price Live
| Last Price | Change | High |
|---|---|---|
| 410.9 | -3.15 | 415.45 |
How do you read a daily margin?
The daily margin statement is a passworaily margin statement is mandatory as per the exchange regulations. The statement informs the client about the utilisation of the available margin. It gives an idea of the free margin available in the account to take new positions without incurring a penalty.
Is margin interest charged daily?
Margin interest is accrued daily and charged monthly. The interest accrued each day is computed by multiplying the settled margin debit balance by the annual interest rate and dividing the result by 360. The amount of the debit balance determines the annual interest rate on that particular day.
What is margin fee?
Margin rates represent the cost of borrowing for an investor for an outstanding margin loan. Each brokerage can set the margin rate differently, it typically reflects the current broker call rate or call money rate. This is the rate that the bank charges the broker for the money used to fund investors’ margin loans.