He Gets VAR Margin ( Value Added Risk ) Margin .. It differs from Stock to Stock
For Example If We take 100 Infosys at 2300 then Total amount is 230000/- for which he has to pay 15% VAR Margin for Infosys.. it differs from stock to stock
VAR changes when market falls when NSE Increases VAR
Hope this will be clear
Thanks
But I know this. I was speaking of the Initial Deposit that a Broker puts with NSE for getting his License.
For e.g a broker puts Rs.25 Lakhs to NSEIL and Rs. 50 Lakh to NSCCL for an F&O license. So does he get exposure on the full 75 lakhs or he gets exposure on part of his margin?