What are the auto square-off timings for open intraday positions?

The auto square-off timings for open intraday positions vary according to the rules and regulations set by specific stock exchanges and brokerage firms.

The failure to adhere to the timeframe leads to automatic square-off. 

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• Why does 5Paisa square off positions?

  5Paisa square off for various reasons. Here are some reasons to help you understand why it is done: Scenario 1: T+6 Debit Square Off Timing: Daily at 3:15 pm Criteria: Square off for clients purchasing NON-APPROVED Stocks. Exception: Debit less than ...

• What is Square off Process?

  The square-off process involves closing out open trading positions to manage risk and ensure compliance with trading rules. Here are the scenarios in which the risk team might initiate a square-off: 1. T+6 Debit Square Off (Daily at 3:15 PM) ...

• In which scenarios my equity intraday position gets square off by 5paisa?

  The Risk team may initiate square-offs in four scenarios: 1. DPR-based Square Off: Occurs anytime during the day when a client holds a short position in a stock nearing its upper threshold of the Daily Price Range (DPR) prescribed by the exchange. ...

• What happens to open positions or debit balances?

  If a client has open positions or a debit balance, these will not be automatically squared off during the quarterly settlement process. Instead, these positions will be managed according to the company's Risk Management Policy. A square-off will only ...

• How do I square off the open position?

  Closing a single position or squaring off all positions on the 5 Paisa platform is straightforward. Here are the steps to follow: To close a single position: Navigate to the 'Net Position' tab on the 5 Paisa. Locate and select the specific position ...