Comment on Cover Orders - For Higher Leverage

Nithin Kamath commented on 05 Mar 2013, 03:56 AM

MIS order stands for Margin Intraday Square off, When you use this order, you can hold positions only till 3.20pm after which they are auto squared off. When you use MIS we give you extra leverage, 40% of overnight margin for futures and upto 10 times for equity trading.. You can read this for more : http://www.zerodha.com/z-connect/blog/view/zerodha-margin-policies

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