Can we square off futures before expiry date?

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Can we square off futures before expiry date?

No. You may not square off the position till the contract expires. In that case, ICICIDirect as well as Exchange would expire your position on the last day on contract after running EOD MTM and your position would be closed at the closing price of the spot (equity) market as per the current regulations.

Can I use the profits I made from trading in F&O to trade on the same day?

Profit of the F&O segment will be credited to the ledger’s next working day, You cannot use the profit amount on the same day for new positions.

Can I exit a NRML position on the same day?

Position conversion CO positions can be exited and new CNC/NRML positions can be taken to carry forward to the next day.

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When can you square off a futures contract?

Broker can square off the position under two conditions. Firstly, when the position is taken with lower margins for intraday then the position can be squared by the broker if the trader does not square off by 3.15 pm on the trading day.

Why intraday profit is not showing in Zerodha?

Your Kite balance will not include any intraday profits if they are not settled by the exchange. The settlement of funds will happen on the next trading day(T+1) for Futures & Options(F&O) and after 2 trading days (T+2) for equity. This is due to SEBI’s new upfront margin requirements.

Can I sell NRML on next day Zerodha?

You can take overnight positions in F&O using the NRML option. Similarly, you can take delivery trades in the cash segment using CNC. Once bought, shares will get delivered to your demat account and if sold, shares will get debited from your demat account.

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How do you square off a futures contract?

That means if you have bought futures (long on futures) you can square off the position by selling equivalent quantity. On the other hand, if you sold futures (short on futures), the square off process entails just buying back the futures position to make your net position nil.

How to change the square off time for intraday in Zerodha?

Zerodha square off time for intraday can be changed based on the judgment done by the risk management department. In case the intraday position is not squared off on the same day due to any system or link failure Zerodha considers it as Cash and Carry (CNC) or NRML position which is then carried forward to the next trading day.

What is the delivery product in intraday trading in Zerodha?

In case the intraday position is not squared off on the same day due to any system or link failure Zerodha considers it as Cash and Carry (CNC) or NRML position which is then carried forward to the next trading day. These both CNC and MIS in Zerodha Kite is the delivery product in intraday trade.

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Can I trade in Zerodha Futures Without high funds?

Absolutely not! You can trade in Zerodha futures by paying the margin amount. This not only makes trading convenient but also makes it accessible to budding traders who can not afford high funds. With the smart trading platform, you can also know the Margin Used in Zerodha Kite once you execute the trade.

What are the square-off charges for intraday trading?

Auto square-off (Call and trade) charges of Rs 50 (+GST) apply for each order squared-off by our system. It is recommended that you close your open intraday positions before the above mentioned time. Based on market volatility, intraday square off timings can change at the discretion of our risk management team.