What will happen if I don square off my positions within stipulated time of DeliveryPlus?
Since DeliveryPlus offers you high exposure levels of 4 times for delivery carry forward, it is necessary that you square off your open positions to cover debit ledger balance. Incase you don’t square off your positions; our system will automatically square off positions to the tune of bill amount already due to be paid to the exchange for e.g. * * Outstanding ledger balance till Wednesday will be sold on Monday.
Related Questions
- What does End of Settlement (EOS) mean? What is the stipulated time for running the EOS and which positions are squared off in the EOS?
- What is the stipulated time limit up to which the margin positions need to be compulsorily squared off?
- If a member fails to complete his payment at the stipulated time, what happens to his allocation?
