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Can we convert intraday to carry forward?
Question: Can I convert Margin or Intraday position to delivery or carry forward position? Answer: Yes, Client can convert its existing open position under margin or intraday product to delivery visa versa any time prior to 10 minutes of market closure. Answer: The position will be squared off 10 Mins.
Can I convert my position from intraday to delivery?
To convert your position from Intraday to Delivery you can go to the Position Log. Then you can select the trade that you wish to change and then click on Convert position. Click here to explore the updated app.
What is the difference between Intraday and carry forward?
Types of orders can be for intraday or carry-forward trade. In Intraday, the positions are squared off within the same trading session and in carry-forward trade, either delivery is taken or the position is carried forward to a later date (Futures and Options).
What happens to Banknifty Options on expiry?
BANKNIFTY monthly options contracts expire on the last Thursday of the expiry month and weekly options contracts expire on every Thursday of the week. If the last Thursday is a trading holiday, the contracts expire on the previous trading day. The value of the option contracts on Nifty may not be less than Rs.
What if I will not be able to sell my bank Nifty Options position on the expiry date?
Nifty and Bank Nifty Indexes have Expiry Date so if you don’t sell, it will automatically square off on expiry day.
Can we convert Intraday to delivery in HDFC Securities?
Fresh orders in Intraday product are allowed till 2:45 PM. One can square-off open position or convert it to delivery by 3:00 PM. After 3:00 PM HDFC Securities will cancel all the pending orders in Intraday product and square-up the open positions, if any.
Can I convert delivery to intraday in Angel Broking?
In simple words, to convert intraday to delivery in Angel Broking, you can visit the Trade Book in the app, which is under the Order status tab. After clicking the stock or trade, you can click on ‘Convert Product type’ and select Delivery from the option.