What is a daily margin statement, and how to understand the daily margin statement?
Think of it as a snapshot of your trading account’s health. It tells you how much trading margin (like spending power) you have on a given day. The goal? To keep you in the loop, preventing surprises like penalties for not having enough margin.
Understanding Your Statement:
Segments:
Pertains to the Exchange/Segment for which the values pertain
Funds Available:
Displays Ledger Balance available in your account.
Pledged Stocks Margin:
Details of margin obtained by pledging your stocks after necessary haircut as prescribed by exchanges.
Value of Securities:
Details of Securities value for which Early paying has been earmarked
Other Approved Margins:
Any other form if approved by Exchanges
Total Available Margin:
The max amount you can use for trading.
Total Margin Requirement:
Includes the various margins the exchange demands for a trade.
Excess or Shortfall:
Tells if you have excess available margin or there is a shortfall in the required margin.
Margin Status:
Positive if you’re good, negative if you need to add funds.