Risk & Margin

SPAN Margin

Margin calculated using a standardized risk model that estimates the worst-case potential loss on a position over a single trading day.

SPAN (Standard Portfolio Analysis of Risk) margin is calculated using a standardized, exchange-approved risk model that estimates the worst-case potential loss a position could realistically face over a single trading day, based on current volatility and price levels.

See how SPAN margin combines with Exposure margin in Margin in F&O Trading Explained: SPAN and Exposure Margin.