EXPIRY DAY POLICY FOR DELIVERY BASED FUTURES & OPTIONS
Dear TJ Members,
Based on investors' demand, we have updated our RMS policy for Delivery based Equity Futures & Options Contracts on the expiry day. Following shall be applicable:
UNTIL WEDNESDAY
1. Equity Futures & Options trading shall be allowed to Buy & Sell (NRML, MIS, CO, BO) till Wednesday EOD
THURSDAY (EXPIRY DAY)
2. Fresh Buying and Selling of current month Options contracts shall be blocked for trading in all order types (NRML, MIS, CO, BO). Only square off mode shall be allowed
3. Current month Future contracts shall be allowed to trade in MIS, CO, BO only.
4. NRML Order Type: Current month Futures and Options contracts shall be in square off mode in NRML order type. Open positions can be closed only.
5. In case you do not have 100% full margin for delivery, all current month NRML order type positions shall be auto squared off at 2 PM on expiry day. We will not square off if complete margin is available
6. Square OFF Timing for MIS, CO, BO Orders: Current month Future contracts shall be squared off at the usual time of 3.25 PM.
The policy shall be implemented from the June Expiry Month contracts onwards. Happy Trading !
Dear TJ Members,
Based on investors' demand, we have updated our RMS policy for Delivery based Equity Futures & Options Contracts on the expiry day. Following shall be applicable:
UNTIL WEDNESDAY
1. Equity Futures & Options trading shall be allowed to Buy & Sell (NRML, MIS, CO, BO) till Wednesday EOD
THURSDAY (EXPIRY DAY)
2. Fresh Buying and Selling of current month Options contracts shall be blocked for trading in all order types (NRML, MIS, CO, BO). Only square off mode shall be allowed
3. Current month Future contracts shall be allowed to trade in MIS, CO, BO only.
4. NRML Order Type: Current month Futures and Options contracts shall be in square off mode in NRML order type. Open positions can be closed only.
5. In case you do not have 100% full margin for delivery, all current month NRML order type positions shall be auto squared off at 2 PM on expiry day. We will not square off if complete margin is available
6. Square OFF Timing for MIS, CO, BO Orders: Current month Future contracts shall be squared off at the usual time of 3.25 PM.
The policy shall be implemented from the June Expiry Month contracts onwards. Happy Trading !