@buzz, the margin blocked would vary on a daily basis based on the volatility.. This is decided by the exchange itself.. Margin required would also change on a daily basis... Easiest way to understand the margin required is by logging on to the backoffice and downloading the SPAN margin file and looking under the Total margin subsection....
If you look under RMS limits view and under % margin utilization, after 3 it will show the complete margins required and before that will show you 40% of the amount required...
Cheers...
If you look under RMS limits view and under % margin utilization, after 3 it will show the complete margins required and before that will show you 40% of the amount required...
Cheers...