Dear Zerodha
I have just opened a trading account with your organisation. I would be grateful if you can clarify my queries as mentioned below:
a) I am accessing NOW through web. I tried to download the NOW software but each time a message is popping up, asking for "username and password required for authentication by zerodha server". However even after inputting the Trading UserId and Password, nothing happened. Pls advise on how to download the NOW software
b) Please let me know your Bangalore Customer Service Phone Nos.
c) How is the MTM margin calculated, say for Nifty Futures.
For eg. if the Margins for Nifty Futures (Jun) on 27-May are as follows:
Span: Rs 19394 (7.2%)
Exposure: Rs 8085 (3%)
Total Margin: Rs 27480 (10.2%)
If I want to buy 1 lot of Nifty futures how much is the Initial Margin requirement?
If I want to carryover overnight position, then how much is the Maintenance Margin Requirement ?
At what level will a margin call be triggered ?
If margin call occurs, then has the balance to brought back to the Initial Margin Level or otherwise?
Rgds
Slah