SPAN Margin Calculator

Type

Equity
Currency

Exchange

NSE/BSE

Action

BUY
SELL

Product

Future
Option

Option Type

CALL
PUT

Price

No. of Lot1 Lot = 0

Combine Margin Requirements

SPAN Margin

0

Exposure Margin

0

Total Margin

0

SPAN Margin on Portfolio

Portfolio - 0 Scrip Added

Contract Expiry Product Options type Strike Quantity Shares

SPAN Margin Calculator

What is Margin Calculator?

When a trader trades on exchange, she should have minimum amount in her account to cover losses. This minimum amount required is called margin. Margin is mostly used in intraday trading.

Initial margin for F&O segment is calculated on a portfolio basis. The margin calculation is carried out using a software called - SPAN(Standard Portfolio Analysis of Risk). It is a product developed by Chicago Mercantile Exchange (CME) and is extensively used by leading stock exchanges of the world.

Steps To Calculate Margin Using SPAN Margin Calculator

  1. Select the exchange you want to trade on
  2. Select the product type. It could be either futures or options
  3. Select the scrip you want to trade
  4. Enter the lot size of your trade
  5. Calculator returns the value of SPAN margin, exposure margin and total margin

Benefits Of Using Margin Calculator

  • SPAN margin varies for different securities as underlying risk in each security is different.
  • SPAN uses historical volatility in the security to calculate the current margin required.
    It considers the worst case scenario to arrive at the margin value.
  • Margin rules differ across exchanges. SPAN helps calculate margin across all exchanges.