Process for SPAN & Exposure Access
1. Calculating SPAN & Exposure on Any Position:
MarginEYE calculates the SPAN (Standard Portfolio Analysis of Risk) and Exposure Margins for any trading position. The system uses the latest SPAN file and live market data feeds (via API: TCP/IP, Rest API, Web Services) to give accurate margin calculations.
Data required for the calculation includes:
- Trading positions entered (such as exchange token, name, expiry, option type, strike rate, etc.)
- Live rates for all segments: NSE F&O, NSE Currency, MCX Commodity, NSE Cash, and BSE Cash.
2. Segments Covered by MarginEYE:
The platform covers 5 trading segments:
– NSE F&O
– NSE Currency
– MCX Commodity
– NSE Cash
– BSE Cash
3. SPAN, Exposure, and Additional Margin:
SPAN and exposure margins will be provided for NSE FNO and MCX segments. For MCX, the system will also provide additional margin types, including special margin and tender margin.
4. Data by Underlying Wise:
The system provides data by underlying wise.
5. Ban Scrip Data:
6. Option Premium Calculation:
The output includes option premium calculations.
7. Uploading Exchange Files:
SPAN files are automatically downloaded from the exchange portal and uploaded into the system. There is also an option of manual uploading of files (including .spn files).
8. System Requirements:
System Requirements will be shared separately.