Python client function for margins/orders? (2024)

Is there a manual way to calculate the margin required for an instrument & order type combination? Say for example, if I placed an order for CDS:USDINR20DECFUT NRML type, to find the margin would there be a percentage like LTP x 1000 x percentage to find the margin?

Thanks

@rakeshr is there a sample code that can give an outline on integrating

https://kite.trade/docs/connect/v3/margins/

with the python code? Any pointers would help.

Thanks a lot.

@sujith thanks, I will study and get back.

Meanwhile, as a quick hack and to get things up and running quickly ; would a 4% margin for currency derivatives be sufficient to cover the various parameters as mentioned by @rakeshr ? I am mainly interested in USDINR and GBPINR.

Thanks

would a 4% margin for currency derivatives be sufficient to cover the various parameters

No. The Span margin varies for both CDS contracts.
If you are in so hurry, maybe you can try using this branch of Connect Python client(which has Margin APIs integrated, but the test is still going on).

hi @sujith @rakeshr

Can I not use

https://api.kite.trade/margins/currency

to get the currently required margin for currency derivatives?

Thanks

@milli,
It only gives you data about the leverage. You will have to use that for calculation and it is manually updated by the RMS team which can be updated multiple times during the day as well.
If you are looking for a straight forward solution like margin = qty * last price then you can use this. If you want the exact values which depend on your portfolio and pending orders then you need to use this.

Where can I find documentation about this ?

You can check out documentation here.

The changelog in GitHub repo is not updated one

Thanks. We will update this.

Hi,

I have been trying to get margin required for option spreads (i.e. bear call spread etc.). When I pass a list of orders with the same, I don't get the margin required as per the latest margin guidelines or as per your F&O margin calculator. Can you please help?

@sujith
What would be the python equivalent call for https://api.kite.trade/margins/equity ?

@sabyasm
You can use this method to fetch margin for order/orders. You can check python example here.

@rakeshr the api call provides the necessary info for about 500 scrips in one go whereas for the python call you'll have to build each and every order_param_multi .

Can we get an array or dataframe through python API exactly same as what's being returned via https://api.kite.trade/margins/equity

@rakeshr @sujith

Can we get an array or data frame through python API exactly the same?

No, we don't have a specific python method for this. You can just fetch value from this link https://api.kite.trade/margins/equity. Maybe use the python requests library, and return JSON/List, which is easy to filter. Something like:

import requests,json
headers = {'cache-control': 'no-cache'}
equityURL = 'https://api.kite.trade/margins/equity'
equityMargin = requests.request('GET',equityURL, headers=headers).json()
print(equityMargin)