My ledger balance is shown as negative. Why is this?
Your account balance can be negative in the following cases,
- Daily marked to market losses - When you have 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)
- Annual Maintenance charges, DP charges, coin subscription and other charges deducted from your account.
The account value can become negative in both the cases mentioned above, if you have a zero balance (or lower than the required balance). The withdrawable balance on Console will also be negative.