I am new to the future trading. If I buy one lot of nifty future, how the daily m2m settlement is done?
Suppose I buy one nifty lot @ 30000 initial margin.The daily mark2market loss is debited from the initial margin or I have to give daily fresh funds?
considering If i take a position on first day and the same day nifty moves 50 points against me. So next day m2m I have to pay 2500 fresh from my bank account or it will be debited for my initial margin account of 30000?
PLZ help me?
Suppose I buy one nifty lot @ 30000 initial margin.The daily mark2market loss is debited from the initial margin or I have to give daily fresh funds?
considering If i take a position on first day and the same day nifty moves 50 points against me. So next day m2m I have to pay 2500 fresh from my bank account or it will be debited for my initial margin account of 30000?
PLZ help me?