Margin Call Calculation Example
If the market moves down,
Transaction with Margin


01-Jul (Prices Buy)

 

07-Jul (Prices Down)

Stock

Qty

Price

Value

BUMI

10,000

6,400

64 m

ISAT

20,000

6,600

132 m

TLKM

25,000

8,000

200 m

total

396m

 

Price

Value

4,800

48m

5,000

100m

6,000

150m

total

298m

Budget                      200m

 

102m

Borrowing                196m

 

196m

Collateral                396m

 

298m

Borrowing / Collateral = 65%

49.49% / 65.77%


Total portfolio of customers descended from a IDR 396 millions to IDR 298 millions, so that collateral reduced from IDR 200 millions customers to IDR 102 millions.

This causes Borrowing / Collateral customers get more than 65%, so the customer must deposit the cash back to make borrowing / collateral to less than 65%. Minimum borrowing / collateral: 65% x IDR 298 million = IDR 104.3 million

Customers must deposit funds for (Top Up Cash): IDR 104.3 millions - IDR 102 millions = IDR 2.3 millions