The Clearing Corporation retains some margin for every open position in the
exchange. These comprise an initial margin and a daily mark to market
margin.
The initial margin is the amount deposited with the exchange at the time
of entering the contract.
The second component, the mark to market margin, is maintained on a
day to day basis depending on the movement of the index future.
exchange. These comprise an initial margin and a daily mark to market
margin.
The initial margin is the amount deposited with the exchange at the time
of entering the contract.
The second component, the mark to market margin, is maintained on a
day to day basis depending on the movement of the index future.