My ledger balance is shown as negative. Why is this?
Your Account balance can be negative in the following cases:
1. Daily marked to market losses - When you have a futures or a short options position, the losses for the same are settled daily. This is reduced from your free cash balance (This is not reduced from your SPAN and Exposure margins)
2. Annual Maintenance charges, DP charges, coin subscription and other charges deducted from your account.
The account value can become negative in both cases if you have zero balance (or lower than the required balance). The withdrawable balance on Console will also be negative.