10 years of systematic trading experience, CMT charter holder since 2010
Vast experience in Global Markets- Forex, Equities and Commodities; worked at proprietary trading firms
Deployed diverse types of trading algorithms- from HFT to MFT to LFT
First-hand experience with latest trading technology in Indian and Global Markets
Mark to market loss is calculated by marking each transaction in security to the current market price. In case the net outstanding position in any security is nil, the difference between the buy and sell values shall be considered as notional loss for the purpose of calculating the mark to market margin payable.
Futures and Options
The actual margining and position monitoring is done on-line, on an intra-day basis. NSCCL uses the SPAN® (Standard Portfolio Analysis of Risk) system for the purpose of margining, which is a portfolio based system.