Investor A wants to sell 20 contracts of August series at Rs.4500 and Investor B wants to sell 17 contracts of September series at Rs.4550. Lot size is 50 for both these constracts. The Initial Margin is fixed at 6%. How much Initial Margin is required to be collected from both these investors (sum of initial margins of A and B) by the broker?

Answer rating: 100% (QA)

To calculate the initial margin required to be collected from both Investor A and Investor B well fi... View the full answer