Comment on Orders - Place, Modify, Cancel & View

Nithin Kamath commented on 25 Nov 2016, 06:23 PM

When market goes against you, MTM losses are first adjusted with any free cash you might have in your account which happens on a live basis. If the position continues to make MTM losses, it now starts eating into your NRML margin blocked. Typically our risk team will square off positions if the total money in your account starts dropping below around 75% of the NRML margin required. On volatile days, our risk team can be stricter and square off earlier as well. Typically these square offs are done between 3.10 to 3.30pm. If there are any losses, best to transfer money before that time. Also ideally it is best to always have some extra money over and above the NRML margin to make up for any MTM losses.

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