Comment on Policy on settlement of compulsory delivery derivative contracts
I have shorted JustDail Sept Future and also I have bought Justdail Oct Future. Now I have got a mail from Zerodha for mandatory physical delivery or maintain margin. My questions are,
1) Is margin requirement is for both Sept and Oct Expiry?
2) Do I need to maintain margin in my account before start of trading on Monday or by Monday EOD?
3) Do i get a chance to exit my positions on monday? If yes then till what time?
Thanks in advance.