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In which scenarios will Pay later (MTF) position be liquidated ?
Pay later (MTF) position can be liquidated in the following scenarios: 1. Margin Call: If the value of your MTF funded position / Non cash pledge collateral value drops significantly, it may trigger a margin call, requiring you to add additional ...
Can I cancel a request placed for convert to delivery?
No, at present, customers do not have the option to cancel a request once it has been submitted for conversion to delivery .
How are taxation and P&L reports updated in Portfolio Section?
As per the regulations, taxation for MTF trades is done on a First-in First-out (FIFO) basis at the demat level. Your MTF trades are treated like any other delivery trade (CNC), and a combined P&L is prepared accordingly .
Can I place an AMO (After Market Order) order using Pay Later (MTF)?
Yes, AMO orders can be placed using Pay Later; however, only limit orders are allowed for AMO.
Can I buy stocks using Pay Later (MTF) on a settlement holiday?
Yes, stocks can be bought or sold using Pay Later (MTF) on a settlement holiday. However, T1 holdings (i.e., BTST holdings) cannot be sold on a settlement holiday. For example, if Friday is a settlement holiday and you bought stocks on Thursday using ...