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- Exposure and turnover limits are available against both Non margin adjustable additional base capital (NMABC) and MABC, but as the name suggests, NMABC is not adjusted against margin requirements whereas MABC is used for meeting margin requirements. If a particular amount is payable as margin on a day, it is first adjusted against the MABC available. Balance margin, if any, is required to be paid in cash. To the extent that MABC is adjusted against margins, it will not be available for exposure/turnover purposes. The MABC available for exposure will therefore fluctuate daily depending on how much of it has been utilized against margins.
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