Notice Board

Running Square-Off for debit/margin shortfall positions

By 21/12/2020 No Comments

This is to inform you that few of the clients’ F&O Intraday positions are open due to the exchange’s erroneous pending order cancellation that will lead to the following repercussions on Tuesday i.e., 22nd December 2020:

1. Clients who had intraday positions that were not squared off on 21st December but do not have any margin shortfall and have sufficient funds in their account to continue to hold the position, will have to square-off their position by themselves.

2. Clients who don’t have sufficient funds or are in margin shortfall, your positions will be squared off by our Risk management team during the trading hours on 22nd December.

Note: The above-mentioned points are only applicable to the clients who have intraday open positions in the F&O segment that were not squared off on 21st December as a result of the NSE error that caused system issues.

Kindly ignore it if this isn’t applicable to you.

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