Hi Guys,
Can anyone help me understand the margin statement we receive from @Dhan ?
Why I am confused:
As per my Margin statement - After all MTM/ Obligation (NSE, NSE FO, MCX, MCX FO, T, T+1 and T+2, Collateral cash) the balance in excess/ Withdrawal shows as 90K. So my understanding is that I should have available margin for trade as 90K.
However, in my Dhan money section it is only 16K. When connected with Customer support the person mentioned that it is still being updated and it should be ~64K. Why there are so many different numbers?
Also, Can we calculate span exposure from margin statement?
Your guidance in this will be helpful.
Thanks.
This happens because of settlement T, T+1 and T+2, you see value combined with previous trades settlement, dhan margin tab will show you the most accurate and realtime details of your funds available or in used.
No need to calculate span exposure manually from margin statement just check margin used tab in real-time
That is not a good explanation. What is the relevance of margin statement then? My ledger is speaking something and Dhan margin is speaking something and @Dhan customer executive is speaking something else.
Hi @Harish_Kumar3, thank you for explaining your query in detail over the call. Our team will share the ledger and margin statement explanation with you via email. We’ll also update you on your request for cancellation of unpledge within the next few hours.