Zerodha,
Just wondering about RM during sudden/flash crash that we have been seeing recently.
What is someone has gone long in nifty future and has about 30K cash and lets assume for the day the margin u provide for intraday is 50%, so that one enters a trade for 1 lot for 12500 margin. Now one is left with 17500 (worth 350 point loss). And suddenly because of various reasons like algo trading, fat fingers etc etc which exchanges can provide, nifty plunges more than 500 points.
What next. Immediate liquidation of the trade at your end, or do you have some logic to wait and confirm what happened ?