Brief overview for back-office options like what is the ledger balance, less margin, and net balance?
When you log in to your back office on the dashboard, there are a few options: -
1. Ledger Balance: - The Ledger balance shows the balance available in your ledger report after setting off the trade amount, i.e., after setting off the outstanding dues against the available balance, the total balance shown in your ledger balance.
2. Less Margin: - This is the margin you use in your derivatives position.
3. Net Balance: - Net balance is the difference between Ledger balance and less margin.
Net balance = (Ledger Margin – Less margin)
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