27 Sep 2023, 07:30 AM

Latest Intraday leverages - MIS & CO

MIS

MIS leverages for the day are as below:
Segment Leverage /Margins
Equity 20% of the trade value based on the volatility of the stock(VaR+ELM+Adhoc margins of the exchange)
Index F&O 1X (100% of NRML margins(SPAN + Exposure))
Stock F&O 1X (100% of NRML margins(SPAN + Exposure))
Currency Futures 1X (100% of NRML margins(SPAN + Exposure))
Commodity Futures 1X (100% of NRML margins(SPAN + Exposure))
You can check the NRML margins required on our margin calculator.

Cover Orders

CO leverages for the day are as below:
Segment Leverage /Margins
Equity 20% of the trade value based on the volatility of the stock(VaR+ELM+Adhoc margins of the exchange)
  • Cover orders(CO) are not allowed across F&O segments.
  • Cover orders are allowed for NSE in the Equity segment.

Square- off timings

Open intraday positions are auto squared-off by our system at/after the below mentioned time for each segment:
Particular Equity/Cash Equity Derivatives Currency Derivatives Commodities
Auto square off time 3:20 PM 3:25 PM 4:45 PM 25 minutes before Close
Based on market volatility, intraday square off timings can change at the discretion of our risk management team. The same will be updated above. Read this post on Z-Connect on why lower leverages, no CO, during higher volatility periods.