In case of profit on a FuturePLUS 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?
No, any release of margin in excess of required margin (in profitable position) is possible on square off your open position completely. . Is there EOD MTM (End of Day – Mark To Market) process in case of FuturePLUS No. FuturePLUS being an intra-day product (i.e. the positions are squared off on the same trading day) there is no requirement of EOD MTM. The FuturePLUS positions converted to futures will go through all Futures EOD processes including EOD MTM.
Related Questions
- In case of profit on a FuturePLUS 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?
- In case of profit on a future 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?
- How does an NRI correct his/her position if the purchased shares / convertible debentures are in excess of the prescribed limit, if any?
