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20 Dec 2024, 07:26 AM
Latest Intraday leverages and Square-off timings
Intraday (MIS) leverages for the day are as mentioned below:
| Segment | Leverage /Margins |
| Equity | 5X (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 and MIS margins required on our margin calculator.
Open intraday positions are auto-squared-off by our system at/after the below-mentioned time for each segment:
| Segments | Auto square off time |
| Equity/Cash | 3:20 PM |
| Equity/Index Derivatives | 3:25 PM |
| Currency Derivatives | 4:45 PM |
| Commodities | 25 minutes before close |
Note:
- Cover orders (CO) are only allowed for NSE equity orders. Learn more.
- Based on market volatility, leverage on intraday products(MIS/CO) can be reduced/removed during the day at the discretion of our risk management team.
- Based on market volatility, intraday square-off timings can change at the discretion of our risk management team. The same will be updated above.
- To learn more about why lower leverages, and no cover orders (CO), during higher volatility periods, check out this post on Z-connect.