A Margin Calculator helps you estimate the margin required before placing a trade. It also provides margin estimates for different F&O strategies.

F&O trading involves different types of margins based on risk and market conditions.

SPAN Margin: Covers potential losses across different market scenarios.

Exposure Margin: An additional margin collected over SPAN to cover market risk.

Value at Risk (VaR) Margin: Estimates potential losses based on market volatility.

Extreme Loss Margin (ELM): Helps cover losses beyond the VaR Margin. 
It is calculated as the higher of:

• 5% of the position value, or Value at Risk (VaR) Margin: Estimates potential losses based on market volatility.
• 1.5 × the standard deviation of the asset's daily returns over the past six months.

The margin required for a trade depends on factors such as the contract, quantity, expiry, and trade type.

Consider a NIFTY Futures trade:

• Contract Value = ₹22,000 × 75 = ₹16,50,000
• SPAN Margin (15%) = ₹2,47,500
• Exposure Margin (4%) = ₹66,000

Initial Margin Required = ₹3,13,500

Using the Margin Calculator is simple:

1. Search and select the contract.
2. Enter the quantity and choose Buy or Sell.
3. Add more contracts if required.
4. View the total margin requirement along with a detailed margin breakup.

With a Margin Calculator, you can:

• Get quick and accurate margin estimates.
• Avoid margin shortfalls and order rejections.
• Plan your trades before placing an order.
• Compare margin requirements across different F&O strategies.