Required margin is the amount required to place all the orders in the basket.
The final margin is the amount that will be blocked in the trading account after the order execution i.e. final margin considers the hedge benefit.
For your basket order to be placed you must maintain the required margin, but when the orders are executed the final margin will be blocked from your trading account.
The required margin will be different based on the sequence of the individual orders, while the final margin will be the same i.e. margin can be reduced if you place the buy orders first to lower the required margin when entering an F&O strategy.
We can rearrange the orders for you to minimize the required margin, just enable the “Avail margin benefit” in the Edit basket screen and we will reorder the scrips such that the buy orders are placed first followed by sell orders.
Required margin and final margin will be the same when trading in Equity only.