Do I have to pay the Initial Margin and Mark-to-Market Margin to the broker?

Yes.

  • Initial Margin: Must be paid upfront before taking a position in Futures or Options.
  • Mark-to-Market (MTM) Margin: Outstanding positions are settled daily. You may need to pay or receive MTM amounts based on daily price fluctuations.

Note: Margin requirements are set by SEBI and the exchanges and may vary by contract and broker