Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
11 Nov 2018, 04:15 PM
A) If I am carrying 1 lot Short Future & don’t have any shares in my D-Mat A/c on prior trading day immediate before expiry day (i.e on E-1) and I have fulfilled the stipulated margin in Cash i.e 80% of contract value or [Span + Exposure] whichever is higher as well:
Q1. Do Risk Management Team will square-off my position on Expiry day only Or they have choice to square-off on E-1 day?
Q2. If choice to square-off only on expiry day then at what time?
B) If I am carrying 1 lot Short Future & pledged equal number of shares to Zerodha & I have fulfilled the stipulated margin in Cash i.e 80% of contract value or [Span + Exposure] whichever is higher.
Question : What will happen on expiry day if I don’t do anything from my end?