loader2
Login Open ICICI 3-in-1 Account
Text Size
Text to Speech
Color Contrast
Pause Animations

How can we help you ?

Choose the category to find the help you need

    Announcements

    Bharti Airtel Ltd. has decided to make the First and Final Call of INR 401.25 per partly paid-up equity share.....
    Read More
    Commodities Back

    Commodity Margin And Settlement

    How do I check for a margin shortfall on an open commodity position?

    You can monitor your margin shortfall by checking the Available Margin column on the Commodity > Open Positions page of the ICICI Direct portal.

    A red figure in this column is an alert indicating your funds are close to or below the required minimum margin.

    If this happens, your position is at risk of being auto-squared off (closed) by the system.

    Important: You must click the 'View' button often to see the updated, real-time margin status.

    Color Reset: If you add funds to clear a shortfall, the red color will not disappear instantly. The status color only updates after the intraday MTM run by I-Sec (periodically conducted by the system).

    Additionally, we are sending margin shortfall communication through SMS & mobile notification*.

    *Please note that margin shortfall alerts are being sent on best effort basis and are an enhancement in existing modes of monitoring of open positions. It is the primary responsibility of the client to keep track on his positions and margin requirements at all times.

    Funds are available in my bank account, but I still got a margin call. Why? Why was my position auto-squared off by the system? Where can I check the margin shortfall report for positions that were force-squared off by system? What does "squaring off" a position mean? Can I use my shares to trade in commodities? What is ICICI Securities' Peak Margin? Do I need cash if I am using Shares as Margin (SAM) for my commodity position? What is the total margin requirement for commodity futures? Can my margin requirements change after I’ve entered a trade? Are margins for futures and options combined? How can I see exactly how much margin I will be charged? Why did my margin requirement suddenly increase? How are commodity contracts settled at expiry? Can I take physical delivery of commodities like Gold or Copper? What happens if I don't square off my position before expiry? What is "Inter-adjustment" or "Netting of Funds"? Why wasn't the full amount from my closed commodity trade returned to my bank? What is EOD MTM (End of Day Mark-to-Market)? How can I add more margin? What is "Available Margin"? What are "Initial Margin" and "Minimum Margin"? Can commodity prices go negative?