How does Margin Plus work?
Margin Plus is designed for traders who wish to take the advantage of intraday trading in huge volumes and thus make the most of market fluctuations. It has an auto square off feature built in. With Margin Plus you can take a position in a particular scrip(s) on a particular day and avail multiple times exposure on the available margin. You will have to square off all your open positions by 3:00 pm on that day itself, after which the open position would be closed on best effort basis. Further, please note that on normal days square off of open position would happen anytime after 3:00 pm. However SC Caps reserves the right to square off open position in margin plus anytime before 3:00 pm incase of excessive movements in the benchmark indices. Please Note: If the position taken by you could not be squared-up within the stipulated time period due to any reason what-so-ever , it shall be deemed to be a delivery transaction and must be honoured by you.
