Have some questions regarding Margin Trading Facility (MTF):
Can I exit positions I took using MTF on same day (intraday)?
Can i convert Intraday position to MTF and vice versa?
Can I sell my MTF position on T1 day?
Is it mandatory to close MTF positions before Quarterly settlement?
Hi Archit, Here are the answers you requested.
1. Can I exit positions I took using MTF on the same day (intraday)?
Yes, you can exit positions taken using the Margin Trading Facility (MTF) on the same day. MTF positions can be squared off intraday, similar to regular positions.
2. Can I convert an intraday position to MTF and vice versa?
No, currently, you cannot directly convert an intraday position to an MTF position or vice versa. You would need to exit your existing position and then re-enter using the desired option.
3. Can I sell my MTF position on T1 day?
Yes, you can sell your MTF positions on T+1 day.
4. Is it mandatory to close MTF positions before the Quarterly settlement?
No, it is not mandatory to close MTF positions before the Quarterly settlement.
Hope this helps!
