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What is the meaning of the different terms listed on the funds page of Alice Blue?

Available Margin: This is the current margin available in your account after using the day’s margin.

{Formula: Opening Balance + Collateral – Margin Used}

Opening Balance: It is based on the closing ledger from the previous day, after adjusting for Trade Bills. If any pay-in amount is added, include its value to reflect it here.

Margin Used: This is based on the margin used or blocked for today’s open positions. The margin used reflects the actual used margin after adjusting for hedge margin, brokerage, and government taxes.

Pay-in: If you have transferred any pay-in amount that has not been added to the opening balance, it will be reflected here.

Payout: If you have made any payout that has not been deducted from the opening balance, it will be reflected here.

Span: This shows the current span margin blocked for the opened positions, calculated using Standard Portfolio Analysis of Risk.

Exposure: This shows the current exposure blocked for the opened positions, calculated using Standard Portfolio Analysis of Risk.

Option Premium: This reflects the blocked option premium for the current opened position, calculated using Standard Portfolio Analysis of Risk.

Collateral: After pledging stocks, you will receive collateral based on the haircut value.

Adhoc Margin: After pledging mutual funds, you will receive collateral based on the haircut value.

VAR (Value at Risk Margin): The VAR margin is collected upfront by adjusting against the total liquid assets of the member at the time of trade.

To know more, click here.

ELM (Extreme Loss Margin): The Extreme Loss Margin is collected based on the gross open position of the member. Gross open position includes all net positions across all the clients of a member, including its proprietary position.

To know more, click here.

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