Can you cancel orders on half.com
Where can I see the square off mode for a buy order placed by me? The order and the square off mode chosen against the order can be seen in the Order Book, under the column 'Square off mode'. All sell orders under the facility are by default marked under the Broker square off mode. How do I differentiate between margin orders and cash orders in the order book?
To distinguish between the two order types, Margin orders are displayed with a yellow background while cash orders are displayed with a white background in the order book. However, you can cancel the order and place a fresh order by selecting a different square off mode. You can change the square off mode of executed buy margin orders from the Margin Positions page after the order is executed.
How do I see my open positions in margin? To view the open margin positions created during the day, you can visit the 'Margin Positions' link on the trading page.
To view Margin open positions taken in earlier settlements, you can visit the 'Pending for Delivery' page in the Equity Section of your www.
How can I change the square off mode of my open Margin positions? To change the square off mode of Margin positions click on: 'Change Mode' link on the 'Margin Positions' page in case of positions taken in current settlement. The 'Square off mode' column on this page displays the current mode of square off chosen by you for that position.
On clicking the 'Submit' button, you can change the square off mode. For example, if your current square off mode is 'Broker', on clicking the 'Submit' button, you can change the square off mode to 'Client'.
Please note, you can change the square off mode from Margin Position page anytime before the EOS process is run for the day. Can I change square off mode of my open Margin positions from Pending for Delivery page? You cannot change square off mode of your open Margin position from Pending for Delivery page. How many times can I change the square off mode?
You can change the square off mode of a position as many numbers of times as you want from Margin Position page till the time the EOS process is run. After the EOS process the square off mode of Margin positions cannot be changed. How much margin would be blocked on placing the margin order? Initially, margin is blocked at the applicable margin percentage of the order value. For market orders, margin is blocked considering the last traded price of the stock as the order price.
On execution of the order, the same is suitably adjusted as per the actual execution price of the market order. For more details on the margin percentage login to your account and visit the Stock List option in Equity section of the Trading page. Is the margin percentage uniform for all securities?
It may not be so. Margin percentage may differ from security to security and settlement to settlement based on the liquidity and volatility of the respective security besides the general market conditions. For more details login to your account and visit the Stock List option in Equity section of the Trading page. Is margin blocked on all margin orders? Margin is blocked only on margin fresh orders, which are in the nature of building up fresh positions. For example, if you have a buy position executed trade of shares in Reliance in margin and now place a sell order for shares in Reliance in margin, the sell order would not attract any margin as it is in the nature of a cover order.
However, if you place a sell order for shares, the additional sell quantity of the sell order i. Such orders can be called 'partial cover and partial fresh order'. If an executed order results in creation of a new position, the margin blocked on the order gets appropriately adjusted for the difference, if any, in the order price at which the margin was blocked and the execution price.
Accordingly the limits are adjusted for differential margin. If an executed order is in the nature of a cover order, i. Accordingly, the limits will be adjusted for the released margin as well as for the effect of profit and loss on the transaction.
To view the details of your Limits, please click on 'Limit' link on the Equity trading page of your www. When is margin blocked on margin positions released? When a margin Sell position is closed out either by squaring off or converting to delivery or a margin Buy position is closed out by squaring off , proportionate margin blocked on the position so squared off is released back and added to the limits.
What is meant by 'squaring off a position'? What is a cover order? Squaring off a position means closing out a margin position. You can place the square off order by clicking the ' Square off ' link against the margin open positions. For example, if you have a margin buy position of Reliance Shares', squaring off this position would mean selling Reliance shares.
The order placed for squaring off an open position is called a cover order. In the example, the order placed to sell Reliance shares is a cover order against the open position - 'Buy Reliance Shares'. How do I place a square off order in margin to close my open positions? To square off Margin open positions created and maintained from earlier settlements, you will have to click on the 'Square Off' hyper link on the 'Pending for Delivery' page.
How does the profit and loss get recognized on execution of square off cover orders? For example, say you have a margin position - 'Buy Reliance Shares' at an average price of per share created by the execution of 2 orders - 'Buy 50 Reliance Shares per share' and 'Buy 50 Reliance Shares 90 per share'.
In case of profit on a margin position or where the Available Margin is in excess of the Margin Required, can I reduce the margin against the position to increase my limit?
Margin though in excess of the requirements cannot be reduced by you. The only way margin is released is by canceling an unexecuted margin order where margin is blocked against a margin order or by closing out a margin position where margin is blocked against a margin position.
Where can I see the quantity squared off in case of positions taken in the earlier settlements? The part quantity squared off in case of any positions taken in earlier settlements can be viewed by clicking on the 'Squared off Qty' link present against the position on the 'Pending for Delivery' page. Is it compulsory to square off all Margin positions within the settlement? It is compulsory to square off all your open positions net of what has already been converted to delivery within the settlement.
In case, any Margin Buy position with Client square off mode remains open it will be shown in the 'Pending for Delivery' page.
Can I choose not to square off a margin position marked under the Broker square off mode? Yes, you can choose not to square off a position marked under the 'Broker' square off mode by either choosing the 'Convert to Delivery' option before the EOS is run for the day or changing the mode to Client square off from Margin Position page. What happens if for some reason margin positions marked with Broker Square off mode remain open at the end of settlement?
I-Sec would square off the position on best effort basis but the onus lies on you to close out all open positions. What will happen if positions marked for Client Square off mode are not squared off by me in the same settlement?
Buy Margin open positions marked under 'Client' Square Off mode ,which are not squared off by you on the same day, will remain open and will be shifted to the 'Pending for Delivery' page explained above.
These positions are deemed to be intended for delivery by you. Such positions are to be either 'Converted to Delivery' cash or squared off by you before the stipulated time. You can take delivery of such positions by clicking on the 'Convert to Delivery' link on the 'Pending for Delivery' page or square off the position by clicking on the 'Square Off' link on the same page.
In case you do not square off or convert such positions to delivery, these positions will be squared off after the stipulated number of trading days as decided by I-Sec from time to time from the day such positions are taken. However, I-Sec may at its sole discretion, square off such positions without any prior intimation to the customers.
End of Settlement EOS is a process by which specific Margin positions in a particular Settlement, if not squared of by you within the stipulated time, are identified and squared off by I-Sec on a best effort basis. Based on which kind of positions are open, order cancellation will be done in following manner: S.
Buy positions of the earlier settlement appearing in the Pending for Delivery page which are marked under the client square off mode The stipulated time for EOS process for earlier settlement will be displayed on the 'Pending for Delivery' page of our site everyday. Please note that if a particular earlier settlement EOS could not be run on the stipulated day as per the stipulated time due to any reason then I-Sec at its sole discretion will run the EOS for that earlier settlement on the next trading day.
Will all open positions be squared off when the End Of Settlement process is run? For Buy positions, only those positions which are marked with 'Broker' square off at the time the current settlement EOS is run, will be squared off by I-Sec on best effort basis.
In case of Buy positions that are marked with 'Client' square off, the onus lies on you to square off such positions. I-Sec will not square off positions marked with 'Client' square off on T day till the stipulated day until which such positions are permitted to be maintained.
However, if the requisite amount is not brought in till the stipulated time then the positions will be squared off by the EOS run for that earlier settlement. The Current settlement EOS process will cancel pending Sell orders against your T day open Client mode Buy position only if the total quantity of your pending sell orders including all sell orders placed under that scrip exceeds the position quantity.
The open Buy position in Client square off mode will remain untouched by the EOS square off process i. Open Buy position in Client square off mode are not squared off by the EOS process run for the current settlement. Sell orders will not be cancelled in the above case since Total Pending Sell order qty 45 is less than the total Open Buy position qty of in Client square off mode and are treated as square off orders against this Buy open position.
Buy orders with Broker as well as Client square off mode irrespective of the quantity against your open Sell position on T day.
On cancellation of pending buy orders the Sell position will then be squared off by the current settlement EOS square off process. Margin Sell orders cannot be modified after End of Settlement process.
Existing order has to be cancelled and a fresh square off order can be placed using square off link in Margin Positions page. Is there any Client wise stock wise position limits for Client Mode positions?
There is client wise stock wise position limits for Margin Trading Facility positions and if this limit is breached then I-Sec reserves the right to square off the positions at its discretion. Please note in order to view the Client wise Stock wise positions limits you may refer to the footnote on 'Pending for Delivery' page. Is there any Overall Stock limits for Client Mode positions? There is Overall Stock limits for Client Mode positions and if this limit is breached then I-Sec reserves the right to square off the positions at its discretion.
There is single client exposure limits for Margin Trading Facility as per SEBI guidelines and if this limit is breached then I-Sec reserves the right to square off the positions at its discretion. Example : Suppose the Max allowable client wise exposure limit is 30 Cr. Please note for all other not declared stocks, you will be considered as Non Promoter for the purpose of reporting your transactions to exchanges under the Margin Trading product as per SEBI guidelines. Will my Margin Trading Facility positions may get squared off if the Stock in which I have taken position moves out from the eligible list of Stocks?
Your Margin Trading Facility position may get squared off by I-Sec at its discretion in case the Stock in which you have taken the position moves out from the eligible list of Stocks. What is meant by 'Convert to Delivery'? You can convert even a part of the total quantity of How do I convert my margin position into delivery cash segment? To convert a Margin position, which is taken in the current settlement, to delivery Cash segment , you can click on the link 'Convert to Delivery' CTD on the 'Margin Positions' page.
Similarly, to convert the positions of the earlier settlements you can click on the link 'Convert to Delivery' on the 'Pending for Delivery' page to convert the desired quantity to delivery.
Part or full convert to delivery is permitted in both the above cases. I have more than 1 position 'Pending for Delivery' in a scrip, which position can I convert to delivery first? Convert to Delivery is permitted in the order in which the positions are taken. You can convert the position taken in earlier settlement first.
For ex: if you have two positions in ACC taken in settlement no and respectively, you can convert the position taken in settlement first. When can I do cash sell for the shares received through Convert to Delivery? Only the position in margin can be converted to delivery cash and not vice versa. How does 'Convert to Delivery' impact limits?
On converting a 'Sell' position to delivery, the shares for the converted quantity are blocked in your demat account. Can I convert to delivery my Margin positions with Client square off mode on the same day of taking the position? Margin positions with client square off mode can be Converted to delivery in the same settlement in which the position is taken till same day Trading hours.
Alternatively, you can also modify such positions to Broker mode from Margin Position page and do a Convert to delivery on the same day of taking the positions. Can I change the square off mode from Broker to Client for position in current settlement after having done convert to delivery for part quantity? If you have done a Convert to delivery of part quantity of your Broker mode position, you will be able to change the square off mode of this position to Client mode for the balance quantity from Margin Position page.
How is margin availability checked by I-Sec for open Margin positions marked under Broker square off mode? In case of Margin positions in price band scrips under the Broker and Client square off mode, I-Sec monitors the percentage change in the price of these scrips. If the scrip is in negative as compared with the previous trading day closing price then cancel all unexecuted fresh buy orders and pending sell square off orders and square off all the long positions at market price In addition to above in case of Broker square off mode I-Sec will check: 2.
If the scrip is in positive as compared with the previous trading day closing price then cancel all unexecuted fresh sell orders and pending buy square off orders and square off all short positions at market price The percentage of price change of a scrip specified by I-Sec can be different for Broker square off mode and Client Square off mode.
For e. To know list of such scrips, please visit stock list page where price band column would be marked as "Y" for such scrips. However, other scrips not included in the above list will not be disabled for further trading in Margin due to the above reason during the day. How is margin availability checked by I-Sec for open Margin positions marked under Client square off mode? The Intra-day Mark to Market process run by I-Sec checks the margin availability in case of Buy positions marked under the Client square off mode, this is checked by comparing the Available Margin with the Minimum margin required for the position.
Can there be a change in the margin requirements on my Margin positions? At frequent intervals, for positions marked under the Broker and Client square off mode, I-Sec checks whether margin blocked on positions is sufficient in light of the prevailing market conditions.
If the available margin is not sufficient, additional margin is checked and in case the same is not available, the positions are squared off on best effort basis in the Intra-day Mark to Market process run by I-Sec. What is meant by Intra-Day Mark to Market process?
Is it run for all positions? Intra-Day Mark to Market process is a process whereby I-Sec checks whether sufficient margin is available on positions. There are separate Intra-Day Mark to Market processes run for : 1. I-Sec may, at its discretion and at suitable time intervals, run the Intra-day Mark to Market processes.
Yes, There would be a single Intra-day Mark to Market process run for all your open Buy and Sell Margin positions under broker square off mode. Two types of intra-day mark to market processes are run by I-Sec for Margin Buy positions marked under the Client square off mode, as follows: 1. Intra-day Mark to Market for positions taken in the current settlement: In this case, if the AM is less then MM and there are no Limits available, the Intra-day Mark to Market process would cancel all unexecuted orders in such security and if additional margin is further required, the process would square off the positions which have a margin shortfall.
Intra day Mark to Market for positions in the 'Pending for Delivery': In case AM is less then MM and there are no Limits available, the Intra-day Mark to Market process would cancel all pending square off orders in such security and if additional margin is further required, the process would square off the positions which have a margin shortfall. What is Minimum Margin MM? How is it calculated? Where can I see the Minimum margin amount?
Minimum Margin is the margin amount that you should ensure to maintain with I-Sec at all points of time for your open Margin Buy and Sell positions under Broker square off mode and for all your open Buy positions under Client square off mode. Once the available margin with I-Sec on such positions goes below the minimum required margin,I-Sec would block additional margin required from the limit available and in absence of sufficient limits for the required margin such positions will be squared off either in part or full.
The details are explained in the FAQs below. Minimum Margin is different for different scrips and also different for same scrip under Broker and Client square off modes. For viewing the Stock list, login to your account and visit the Stock List option on the Equity section of the Trading page. What is Available Margin? Where can I view the Available Margin amount?
Available Margin amount can be viewed on the Margin Positions page for Broker and Client square off mode positions taken in the current settlement or the Pending for Delivery page for the Client square off mode positions taken in earlier settlement. What is Amount Payable? Where can I view Amount Payable? Amount Payable refers to the amount required to be paid by you, over and above the margin amount, at the time of taking delivery of your margin position. If you wish to take delivery in case of positions in Broker square off mode, the amount has to be paid on T day before the end of the settlement.
Amount payable for such positions can be viewed on the 'Margin Positions' page. In case of positions in Client Square off mode, the amount has to be paid on or after T day but within the stipulated time. Amount payable for such margin positions can be viewed on the 'Margin Positions' and 'Pending For Delivery' page Amount payable is calculated as Cost Value of the Position - Margin paid against positions.
What is Margin Amount? Margin amount, being displayed on the 'Margin positions' or 'Pending for Delivery' page, is the margin amount paid by you for your Margin positions. Margin amount is calculated by applying the margin percentage on the trade value of the margin transactions. Also add margin done, if any is added to this margin amount.
During the day, the margin amount including add margin , if any, is blocked in your account for all open margin positions. In case you have Pending for Delivery positions, the margin amount for such positions is debited from your bank account at the end of the day.
What is additional margin? Additional Margin is the margin amount required to safeguard a position when it has been identified as short of margin. Additional margin is required when the Available margin against the position goes below the Minimum margin required to be maintained for the position. How do you calculate additional margin required for margin buy positions which come into the Intra-day Mark to Market loop?
You would be having a margin of blocked against this position and the Amount payable against this position would be The current market price is now say Lets say the limits are Entire would be blocked and since limits were not sufficient to cover the Additional Margin requirement the system will re-calculate the margins as per the above steps.
If still limits are insufficient and your position is in the MTM loop the system will proceed to calculate the square off quantity. In case the Limits available were above then the system would do an add margin for and the position would have been safeguarded from being squared off. The system will try and block this Additional Margin from the free limits.
In case free limits are not available or the limits are not sufficient to meet the Additional Margin requirement, the position gets into square off mode and the intra-day mark to market process enters the second phase.
In case there is limit available then limits will be blocked against the position requiring maximum additional margin in that scrip and the limits blocked will reduce the Amount Payable to the extent of limits blocked.
In phase two, if there are no limits or limits were insufficient above then, the system will follow the following: Cancel all the pending orders in the scrips that are short of margin Recalculate the Minimum Margin and Available Margin as the Minimum Margin requirement will go down to the extent of limits blocked if any.
Now the system will check if the Additional Margin requirement can be met from the free limits. Entire would be blocked and since limits were not sufficient to cover the Additional Margin requirement the system will re-calculate the margins in phase 2. What happens if I have more than 1 position under Client square off mode in different settlements in the same scrip? All positions under Client square off mode will be clubbed at scrip level across settlements for calculation of Amount Payable, Minimum Margin, Available Margin, and additional Margin required.
Why are positions under Client square off mode clubbed at scrip level for calculation of margins? Positions under Client square off mode are clubbed at scrip level across settlements to provide the benefit of excess margin available in positions taken in one settlement is adjusted towards positions in another settlement. It is possible that the Available margin for a position is more than the required level of margin and another position in the same scrip does not have sufficient Available margin.
In this case it proves beneficial to club the positions in a scrip to provide benefit of excess margin available in a position. How do I check if there is a margin shortfall on any margin position? If available margin falls below the minimum margin required on that position, then such position may be squared off in the intraday MTM process if additional margin is not allocated.
This shall be considered as a margin call on that position. You are advised to allocate additional margin immediately to meet the margin shortfall else such position may be squared off by I-Sec, on best effort basis. Further, please note that the Margin Positions and Pending For Delivery pages do not refresh automatically. You need to frequently refresh the page by clicking on 'View' button to view latest details as the Available Margin is subject to change on every change in CMP.
How do you call for additional margin during the MTM process? Additional margin required is blocked from the limits available. What happens if limits are not sufficient to meet the additional margin requirements?
In case of positions under Broker square off mode: If limits are insufficient to meet the Additional Margin requirement, the available limit will be blocked and the system will re-calculate the Available Margin, Minimum Margin and Additional margin requirements as explained above. After this the system will cancel pending orders against that scrip and check if limits are now available to meet additional margin requirement.
If yes, then system will block the additional margin requirement from the available limits and the position will be safeguarded. If no, then the quantity to be squared off will be calculated by the system. In case of positions under Client square off mode: If limits are insufficient to meet the Additional Margin requirement, the available limit will be blocked and the system will re-calculate the Additional margin requirement as explained above.
Additional margin is re-calculated again, as the Amount payable on the position will be reduced by the amount blocked in limits and thus Additional margin requirement will also be reduced. After this, the quantity to be squared off will be calculated. What will happen if there are more than 1 margin open positions in the same scrip under Client square off mode and the limits are not adequate to cover the Additional Margin requirement for all the positions?
In case the available margin is not sufficient to fulfill the additional margin requirement for all open positions, the available margin would be first allocated to the position that requires the maximum margin followed by the position that requires the next highest amount and so on. Thus limits would be blocked against positions in the descending order of additional margin requirement.
After the entire available limit is blocked as above, the system will re-calculate the Additional margin requirement as explained above and square off the required quantity.
What happens if the limit is insufficient to meet a margin call but there are unallocated clear funds available in the bank account? While making an online check for available additional margin, I-Sec would restrict itself only to the extent of trading limit and would not absorb any amount out of un-allocated funds so as to keep your normal banking operations undisturbed.
It is, therefore, advisable to have adequate surplus funds allocated for trading when you have open margin positions. Will the entire position be squared off in case the additional margin required is not available in limits? Only such quantity as calculated by the system during the Intra-day MTM process will be squared off.
In some cases the square off quantity may be equal to the position quantity. How is the square off quantity calculated by the Intra-day Mark to Market process? Broker square off mode positions square off quantity will be calculated as : a. The square off quantity arrived by the above formula is rounded up for placing square off order at market price. For viewing the Stock list, login to your account and go to Stock List option in Equity section of the Trading page.
Which position under Client square off mode will be squared off first in case the square off quantity is greater than the position quantity in a scrip in a settlement? In case positions are open in multiple settlements under Client square off mode in same scrip then the position under a settlement where the Additional margin requirement is the highest will be squared off first, followed by the position having second highest additional margin requirement and so on. Can I do anything to safeguard the positions from being closed out squared off?
Yes, you can always allocate additional margin, suo moto, on any open margin position. Since the close-out process is triggered when losses exceed the threshold level and available margin is less than the margin required, having adequate margins will ensure additional margins are available in case the market turns unfavourably volatile with respect to your position.
You can add margin to your position by clicking on 'Add Margin' link on the 'Margin Positions' or 'Pending for Delivery' page by specifying further margin amount to be allocated against the respective position. Please note there is also an additional tracking tool provided to track your positions on the basis of Trigger Price and LTP. For more details you can refer below FAQs. What is Trigger price displayed on Margin position page and Pending for Delivery page for Margin positions?
Trigger price is just an additional tracking tool provided to track your positions to ascertain at what price level the position may get squared off on the basis of Trigger Price and LTP. However, you can continue to track your positions for intraday mark to market process on the basis of Available Margin and Minimum Margin and allocate additional margin if Available Margin amount is displayed in red colour.
Trigger price is a price which indicates that your Margin position may get squared off if LTP breaches the indicated trigger price. But in case of point no 2 system will square off the position even if sufficient limits are available. Is Trigger Price calculated for all scrips i.
Price Band and No Band scrips? No Band Scrips:- In case of no price band scrips Trigger price will be calculated only with regards to Intraday Mark to Market to process based on minimum margin requirement.
Is Trigger Price calculated for both Broker mode and Client mode positions? Will Trigger Price be calculated immediately on order placement? No, trigger price will not be calculated immediately on order placement. Trigger Price gets calculated only once your Buy or Sell order in Broker mode product and Buy Order in Client Mode product results into an executed trade and becomes an open position.
How is the Trigger Price calculated for Margin Broker mode positions? For other scrips i. In the above case Trigger price would be displayed as Rs on Margin position page. How is Trigger Price calculated if I have more than 1 position under Client square off mode in different settlements in the same scrip? All the positions under Client square off mode will be clubbed at scrip level across settlements for calculation of Trigger Price. Can a Trigger Price earlier displayed change later?
Trigger price may change if there is any change in Initial Margin Blocked value. Some of the events where Initial margin blocked value may change are like Increase in open position in same scrip, partial square off of existing position, Add Margin, and Convert to Delivery.
Is the brokerage rate different for Cash and Intra day Margin product transactions? The brokerage plan is different for Cash and Intra day Margin product transactions.
For more details on the brokerage plans please visit the site www. Margin buy open positions that are marked as 'Pending for Delivery' shall attract the brokerage as applicable for the Cash product transactions. Is there any interest on positions which are marked for 'Pending for Delivery'? Yes interest on late payment for positions taken in NSE and Interest on Outstanding obligation for margin trading positions in BSE would be calculated as follows: On amount payable Margin blocked in the form of Shares as Margin SAM Additional interest, if any in case above interest charged falls below the minimum interest requirement under the provisions of Companies Act.
This will apply irrespective of margin blocked in the form of Cash or SAM. How is Interest calculated on Amount Payable? Where can I see the Interest amount charged?
Interest will be calculated on the amount payable for the number of days delay in payment on your pending for delivery positions. The number of days delay would start from the exchange payin date for the settlement of the respective transaction and charged till the date the funds are actually received eg. The interest shall be charged per day basis would be displayed under the 'Interest on Outstanding obligation Details' link under your Equity trading section.
May 17, onwards till May 23, would be displayed on the Interest on Outstanding obligation Details link under your Equity trading section. May 15, Where can I see the interest amount charged? As mentioned in the above FAQ's , interest will be charged for Shares as Margin amount blocked against your Pending for Delivery positions. The number of days delay would start from the exchange payin date for the settlement of the respective transaction and charged till the date securities Limit is blocked against the position.
December 12, No. December 7, onwards till December 11, would be displayed on the Interest on Outstanding Obligation link under your Equity trading section. December 6, As mentioned above , additional interest if any may be charged in case interest charged on Amount payable and SAM amount blocked falls below the minimum interest requirement under the provisions of Companies Act.
Will there be any change in the Interest if additional SAM is allocated? In case additional SAM is allocated then the chargeable amount for Interest may go up i. Explanation is provided in the following FAQ's. How can I reduce my Interest on Outstanding Obligation?
You can reduce your interest on Outstanding Obligation by doing Convert to Delivery for your pending for Delivery positions. Yes, you can swap your margin from Cash to SAM. Will there be any financial impact on doing this? However, please note your interest may go up as there is interest charged on the Shares as Margin amount as mentioned in the above FAQs.
For eg. It is to be noted that I-Sec does not provide services related to taxation. What brokerage will be charged on margin positions taken in the current settlement and converted to delivery on the same day? All margin positions converted to delivery on the same day shall attract the brokerage including statutory charges as applicable for Cash product transactions.
What forms of Margin are acceptable for taking Margin positions? In order to take margin positions, margin can be given in the following forms: Cash by way of allocation of funds from your bank account Specified securities by way of blocking securities allocated from your Demat account in favour of ICICI Securities.
On what positions would the cash Margin debited? Will any Margin get debited if I have taken position by blocking shares in my Demat Account? In case the total margin required on your total open positions is met by the blocked shares alone, in such case no funds would be debited as margin from your account even if there are idle funds lying in your linked bank account.
However, margin will get debited in any of the following scenarios: In case the total margin required on your total open positions is partially met by the blocked shares, in such case the balance required margin amount at end of day shall get debited from your bank allocation in Equity from your linked bank account.
In case there are no blocked shares in your account, then the entire required margin amount at end of day shall get debited from your bank allocation in Equity from your linked bank account. When will Margin be debited from my linked bank account? Margin shall be debited from your linked bank account at end of the day from your Equity allocation to the extent of limit utilized after adjusting shares as margin available and blocked against the total margin blocked against your Pending for Delivery Positions PFD on PFD page.
Can the blocked margin get released? The blocked margin cannot be released as that is the required margin against positions. However, please note in case the initial margin blocked in 'Pending for Delivery' page is reduced then the debited I-Sec Margin will be credited to Equity allocation of your linked bank account at the End of the day after adjusting shares as margin. Can I withdraw the margin during the day? You cannot withdraw the margin amount during the day. In what scenarios will excess debited margin be credited back to my account?
The margin amount will get credited to the Equity allocation of your linked bank account. By blocking additional shares lying in your demat account up to the extent of margin required and doing 'Release Cash and Block SAM' from Pending for Delivery page. Example, On T-1 day, Rs. Where can I see the Margin amount debited from my linked bank account?
You can see the Margin amount on Equity limit page under I-Sec Margin amount in your trading account. If you are a regular user of Amazon, you might be lost when it comes to all the services they offer. Check out the following articles to learn more about :.
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Real Estate Living Trust - Explained. Guide to Creating a Heritage Living Trust. Solve my issue. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. A canceled order is a previously submitted order to buy or sell a security that gets canceled before it executes on an exchange. Investors may cancel standing orders, such as a limit or stop order, for any reason so long as the order has not been filled yet.
Limit and stop orders may stand for hours or days before being filled depending on price movement, so these orders can logically be canceled without difficulty. Market orders are a type of order that is very unlikely to be canceled. Most market orders are executed almost immediately the moment they hit the exchange, provided there is sufficient liquidity and the market is open during normal hours. This makes canceling a market order before execution close to impossible.
Limit orders for purchase that are lower than the bid price, or sell orders above the ask price, can usually be canceled online through a broker's online platform, or if necessary, by calling the broker directly.
However, most brokerages continue to offer this order type. Orders can only be canceled on the Nasdaq between 4 a. EST on normal trading days. The NYSE allows investors to cancel orders between a. As a safety check, investors should ensure that a canceled order gets purged from the order book.
The fill or kill FOK order automatically cancels an order that cannot be filled in its entirety immediately. For example, an investor may only want to buy 1, shares of an illiquid stock if they can fill the entire order at a specific price. If the investor uses a FOK order, the order would only execute if it can fully complete. If the order cannot be completed, it would be immediately canceled.
This type of order prevents small portions of stock from getting executed.
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