What happens if for some reason a FuturePLUS position remains open at the end of the day?
ICICIdirect’s risk monitoring system would ‘Auto square off’ the positions but the onus lies on you to close out all open positions. If for some reason, the position remains open at the end of the day,it would be converted to futures and you will have to make all the necessary arrangements for funds for the daily settlement of the position and shall be fully liable for the consequences of the same.
Related Questions
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