What is meant by Intra-Day Mark to Market process? Is it run for all positions?
Intra-Day Mark to Market process is a process whereby I-Sec checks whether sufficient margin is available on positions. It is run for all open Buy Margin positions marked under the Client square off mode. I-Sec, through this process, blocks additional margin required out of the Limits available, if any if the Available Margin (AM) falls below the Minimum Margin (MM) for any position. I-Sec may, at its discretion and at suitable time intervals, run the Intra-day Mark to Market process.
Related Questions
- What is Intra -Day Mark to Market? How does ICICIdirect.com call for additional margin during the Intra-day MTM process?
- What is Intra -Day Mark to Market? How does I-Sec call for additional margin during the Intra-day MTM process?
- What is meant by Intra-Day Mark to Market process? Is it run for all positions?
