What does the margin required amount on the CubePlus order window mean?
Absolutely! TradeJini’s CubePlus offers this feature on the order window. It provides real-time information about the margin required for a trade even before you place the order. The margin calculation is smart, factoring in the selected product and order type.
For F&O positions, the margin required considers the margin benefit from any hedged open positions in your portfolio. When you’re closing positions, the order window will display the margin required. This indicates that after closing the specified leg, the portfolio margin utilized will increase by that particular amount.
Keep in mind, there might be slight variations between the margins shown on the margin window and the actual blocked margins on the terminal for certain instruments.