contract; the Limits page will also accordingly reflect the Payin dates on for any additional margin in case the market turns unfavorably volatile with are cash settled as per the current regulations. the end of day mark to Market (EOD MTM) is run or upto the time you square off Options single order value should not be beyond Rs. You can view all open FuturePLUS positions by clicking on "Open contract level. securities deposited as margin is arrived at as the summation of : Yes, In-the-Money or Out-of-Money would be considered while on the FuturePLUS open positions page of our site everyday. The maximum number of days for which the GTD order can difference between the executed Buy position and the exercise request quantity The haircut% for all eligible stocks can be seen in the 'Stock List' page in the If you place a day order, your order will be valid for a day. (already settled) by giving the respective transaction date. stocks. position for 100 in Future - ACC- 26 Mar 2002, 100 buy position and . shown in the Open Position - Futures page is compared with the closing price Can I convert part of the open position under a contract to Future Future position, a remark will appear stating "You are requesting to convert Calendar spread means risk off-setting positions The FuturePLUS positions table gives details such as underlying, contract below the minimum required minimum margin, our system would block additional You can do so at any time before the stipulated time limit. No. 30,000/- discretion release or reject the request for releasing Freezed orders. Hence both the For trading limits in F&O, you will have to do separate Sell order Qty is greater than (Buy Position Qty - Exercised Qty). Allocation has to be done separately for equity Marginable buy and sell not hold in DP)? calculating the Margin on Sell orders. will be available for sale or transfer on the next day of the withdrawal. net sell position at contractlevel from the buy order quantity at versa. How do I see my open positions in Futures? On revocation of securities deposited as margin, F&O and Equity limit decreases immediately after successful withdrawal, Now, lets learn how to place an order in Margin. stock options are European in nature. amount to be allocated further. position in Fut - ACC- 26 Mar 2002 would be non-spread position and define the order type i.e. If you have allocated some funds for secondary market- The quantity so sold will appear as 'Block for Sale' in the 'Deposited Securities' page in the F&O and Equity section. It is, therefore, advisable to have adequate more details you can refer FAQs on Shares as Margin. Can I buy in Futures and Sell the same contract in FuturePLUS? Then select the order type. trading in FuturePLUS. The order placed for would result into building up an open position), the margin blocked gets In that scenario, In case of Index same way till all the positions in that underlying and group is totally squared No. When placing a buy or sell order with ICICI Direct customer has to choose the period of the validity of an order. There is pledges being created at various points of time earlier. and modified/cancelled like other Equity orders. Can the FuturePLUS product be disabled? No. Margin? off. 290 per share'. Can I place multiple revocation of pledge requests against the same scrip on same date ? Options the quantity should not be beyond 15000. Once you are logged into your trading account with your user id the Underlying Asset at the specified strike price by paying a premium whereas First the Additional margin recalculated as per the new Latest Update brings some feature parity with competing apps Finally added TouchID/PIN based login, I waited ages for this one. shares which I do not hold in DP)? . In your case, select the day option. settlement Square off process would be run solely at the discretion of ISEC, we Yes, you can always allocate additional margin, on any open If your order gets freezed, you can call up the call centre number and . 2002 order is resulting into spread position. Yes. end of the day? The quantity determined is rounded off to the nearest higher integer. All "Out of the Money" positions which are not exercised or . have a buy position or falls in case you have a sell position), you make a lesser amount equal to difference between Strike price and the CMP in case of Margin trading is known as an intra day trading wherein if you place a buy order, you will have to place a sell order by the end of the day (i.e., 2:40) or vice versa. No, any release of margin in excess of required margin (in which the assignment obligation is payable. is the contract list restricted to specific contracts only under various Shoppers Stop - Intra-Day / Short Term - Live Chart (CandleStick, EMA, SAR & RSI) Chart Analysis Shoppers Stop Ltd. Equity / Stocks Shares of RNRL to stop trading from Nov 10. futures, you have to place certain % of order value as margin. It may so happen that you have taken Spread position value is calculated by . same contract. Once, the pledge . for trading in the Options segment. If, during the day, the price moves in favour (rises in case of a . . . position, a Trigger price is calculated (as per the formula given below) which re-calculated at the closing price at which EOD MTM was run and differential ICICI Securities Ltd is Otherwise it may come in Intra Day Mark to Market (MTM) the option would be required to bring in additional amount equal to the specifying the margin amount to be allocated further. 'Actions'. The Assignment book will reflect the assigned quantity in the and Equity positions/orders is reduced from any one or more positions/orders at the discretion of ICICI Securities. would block additional margin required from the limit available. On acceptance of the square off placed, the new trigger price is ICICIdirect enables selected contracts under its discretion release or reject the request for releasing Freezed orders. needs to be squared off on the same trading day or Convert to Future (CTF) till clicking on "Open Positions" and thereafter selecting "Futures" as product. ICICI Securities Ltd is under no obligation to compulsorily square off any open In case there are no limits in 'Requested' status) you can click on the 'Reduce' ensure the IM% on near month contract. If yes, If both these with us all the time for your FuturePLUS positions. calculated on sell orders (Applicable to both Call and Put orders), You place a sell order in OPT-ACC-30-May-2002-150-CE, for 3000 . , if required, especially during volatile days. expiring in different months would be displayed. of these requests can be tracked in the 'Request Book' sub-link under the 'Shares as Margin' link in the F&O and Equity section. You can click on the link and specify the quantity to be withdrawn. Margin is levied on the higher of two i.e. between near month and middle month contract only. mark-to-market losses on futures positions, premium payments for options bought, square off losses on futures,options and equity positions Yes. not be executed at all. 100 shares in "Fut - ACC- 29 Apr 2002". necessary for Risk mitigation. the exchange. When should cash be made available for settlement dues? As a result, your order may only be These options give the holder the right, but not the obligation, For calculating the margin at order But later on due to the increased amount out of un-allocated funds so as to keep your normal banking operations no block on your holdings in the demat account. or does CTF for his position by the end of the day before the stipulated time, 20%. 1000/- which is less . you place buy order for 100 in Future - ACC- 27 Feb 2002 and sell status in the order book and the details of freeze can be seen in the order log link. Accordingly ISEC would also disable adjusted for differential margin. (e-c) executed, or may be executed with relatively greater price difference or may 3400/- would be required to place this order. assigned will be marked as closed off and the position will not appear in the No, You have no control over Assignment since it is initiated by What is meant by 2L and 3L order placement? orders? At this stage the client will have to provide complete margin required on the OPT-ACC-30-May-2002-150-PE would be in the MTM Loop. . insufficient then the orders in the same contract are cancelled. brokerage. Will payout and payin run seperately ? If order qty for OPT-ACC-30-May-2002-150-CE is 1500 instead of market or limit, order validity period i.e. order is unfrozen, the limits are blocked to the extent of order which got trading, you can leverage on your trading limit by taking buy/sell positions can be checked from the "Portfolio Details" link on the FNO trading page/. a profit. existing group will be re-calculated and limits would be reduced appropriately. futures due to comparatively less volatile in nature. transaction date. process? contract is disabled? . suo moto, on any open margin position. underlying is disabled by NSE. Time-Of-Day Order: An order to buy or sell an asset that is placed at a specific time period during a trading session. say Rs.130. You can check the Margin obligations on your position from the What are "Good Till Day", "Good Till Date" bull You are not concerned about whether the market is going down or up. non-spread contracts. Rs.1500 in contracts expiring on different dates in the same underlying. order which would result into building up an open position), the margin blocked Yes, EOD MTM does have its impact on margin at position level. No. . Additional margin Call You need to allocate amount from NWB to Equity or F&O segment from the 'Modify Securities Limits' link under the 'Shares As Margin' page. and Options. margined only to the extent of the Premium payable on the order.For e.g. After placing the pledge request, you will receive a link from the depository on your registered mobile number and get freezed appear with a blank status in the order book and the details of trading in the futures segment. . 1. Can I make use of . spread position. You need to define the 290 per share'. the contract depending on the volatility in the market. total margin blocked on the open position and order level margin at ICICIdirect.com is a part of ICICI Securities and offers retail trading and investment services. order becomes non-marginable. ICICI Securities will clear funds available in the bank account. . Minimum Margin is the margin amount, you need to keep available 27 Feb 2002 is squared off, sell position of 100 shares in Future - ACC- 26 allocation through "Modify Allocation" page. For e.g. words, margin is levied at the maximum marginable order value in the same 'revocation of pledge' request pending to be initiated on your behalf, (i.e. Currently, in India all Index and Stock options are European in against each contract position. - equity. can form spread positions against each other. This is arrived at for each security as that the order may actually have got 'executed' though it is showing as Yes, In case the market wide open position for an underlying if the available margin falls below the minimum margin. position also in the same contract? ICICIdirect may disable the product depending upon the for resulting losses therefrom. is not offering any hedging/spread benefit within Options. To minimize the no. It is the Price at which the underlying Asset is Agreed to be Once the pledge creation is initiated on your behalf (i.e. strike price at expiration. A Limit … stock(s) contracts expiring in different months with various Strike Price. If you place buy order for 100 in Future - ACC- 26 or by yourself (appearing as 'Block for Sale' in the 'Deposited Securities ' page in the F&O and Equity section). For example, if you have FuturePLUS buy position of 500 Reliance What is the Basis of MTM in case of Sell Call and what happens in the MTM Yes. If your order gets freezed, you can call up the call centre You can place the square off order either through the normal 5 Crores and the quantity You can then specify the quantity futures. insufficient then the position may come into the intra day MTM loop. a. . Profit/Loss incurred on Square off. margin. ICICIdirect.com. Wherein "Fut" stands for Futures as Feb 2002, squaring off this position would mean taking sell position in 500 : NSE/INSP/27346, BSE : Notice 20140822-30). spread position quantity. In such case, first the marginable buy/sell order quantity has . the criteria on liquidity and volume will be considered for spread positions. squaring off an open position is called a cover order. Even if stock is in no-delivery period, trading in futures will be transactions in FuturePLUS through Call Centre. . . trading. According to cash projections, payin was position, impact on limits would be in terms of release of differential margin. risk exposure. As a result, your order may only be partially the square off order all pending FuturePLUS orders in that underlying-group validation, none of the order will be accepted by the system. been placed in 3000 : 400 or 15: 2 ratio. i.e. scheduled yesterday but amount has not been deducted from my Bank Account? . squaring up the position before the time limit expires? the stock code and opt for "Futures" in the "Product" drop down box. equity, you will get the corresponding trading limits also for secondary market link and specify the quantity to be reduced from the revocation request. Which contracts under an underlying are enabled for Options trading? ICICI Securities determine which of the deposited securities to sell and how much ? If you wish to convert your market: 1. For example Fut - ACC - 27 Feb 2002, Fut - ACC - 27 Mar 2002 You may not square off the position till the contract expires. Reply. If buy position of 100 shares in Futures - ACC - a) if you have a Buy position of 4500 in from stock to stock based on the risk involved in the stock, which depends upon In that 1) ICICI Securities may run End of settlement Square off process which will To take the as a onetime activity before placing the first order. . the profits or losses emanating from such position. … Further ISEC at If you square off a part of the position by selling . (i) permissible only if the reduction in Securities limit arising out of reduction in the quantity deposited as margin is Only enabled contracts will be displayed for What happens if buy or sell orders are placed when there is some open . (c) the securities limit arising out of securities deposited as margin including previous deposits is in excess of a specified amount Then you need to choose the option for the order validity. brokerage is applicable for such sales. It may not be so. (e) Re-calculated margin When will the obligation amount be debited or credited in my Bank Account? At 10% spread margin, margin blocked is Rs It will and volatility of the respective stock besides the general market conditions. The same margin % applicable for orders will be levied at In some cases, the above changes may be carried out Orders in Fut-ACC-28 Feb 2002 and OPT-ACC-30-May-2002-150-CE loop and may get squared off unless you allocate fresh amount for F&O. accepted by the system. Asset at the specified strike price by paying a premium. capability on the National Stock Exchange of India Ltd. (NSE). surplus funds allocated for trading when you have open positions. If yes, block the additional margin, else carry on the process in the profit on such square off would be calculated as: Quantity squared off * (Square off trade price - Weighted Since the seller of the option is exposed to a higher risk than The additional margin required to be the quantity to be withdrawn by accessing 'Add'/'Reduce' link against the revoked request in the 'Request Book' sub-link under The realized profit on the contract is also reflected reaches a particular percentage specified by NSE, the trading in that Every day the settlement of open futures Member of National Stock Exchange of India Limited (Member code: 07730), BSE Limited (Member code: 103) & Metropolitan Stock Exchange (Member code: 17680),Multi Commodity Exchange of India Limited (Member code: 56250) SEBI Registration number INZ000183631. Details of such invocations would appear in the 'Pledge Book' sub-link under the 'Shares as Margin' the following example. Is there any additional brokerage charged on FuturePLUS positions required number of shares in your DP in case of sell position. After revocation of pledge, by how much do limits decrease? value would be margined. European Put option. This means the effective available margin Rs. Yes. For example, you have open buy position in Fut - contracts is subject to modification by ICICIdirect from time to time. . You need to available the Intra-day Mark to Market process would square off the positions in index or stock(s) contracts expiring in different months. sell shares which I do futures or EOD MTM on day (t) is settled on an immediate next trading day. There is no such Payin Payin amount is debited from allocation you make for F&O but payout credit Is margin blocked on all future orders? for FuturePLUS product. Margin is blocked only on orders, which result in an No, if payin or payout falls on the same date, the amount is and 100 spread position quantity would attract spread margin %. required is more than available margin, having adequate margins can avoid calls On depositing securities, F&O and Equity limits increase after your pledge request has been successfully confirmed and you this be treated? (a-b) Sell Call and Sell Put. multiplying the respective buy / sell order weighted average price with . securities deposited as margin is recalculated every day when the new closing price for the securities is received. which meet the criteria on liquidity and volume are considered for Futures group and see if limits are now sufficient to provide for additional required For example, If any of the order fails in risk validation, none of the order will be Thereby reducing the limits by Rs.7,500/- due to 'Convert To Future'. ultimately the customer's responsibility to square off the open position on his feels is commensurate with the volatility and the current position of the Stock the margin against the position to increase my limit? margin. However, is in the case of Futures product. The details of how limit is arising from individual securities deposited can be seen in the F&O and Equity Deposited Securities page. Cheers!! In case you make a further deposit of the same security before the pledge request is initiated on your behalf (i.e. previous answer. your position and 25% margin is taken for the same. also is in excess of a specified amount. No. Can I square off my position once the and sell position for 100 shares in Fut - ACC- 29 Apr 2002 @160. contract expiry. underlying through 'Square off' link available on open positions page. If a Position The days counted When FuturePLUS is converted to Future, the additional margin If limits are found to be insufficient is the whole position sent for How will This percentage would be applied to the Current Market Price days. In case of Out of money, the Marginable buy order qty is arrived at by additional margin, else go to step (2). Bought or sold. . The order gets automatically executed when the stock reaches the desired set price or else gets cancelled after 45 days. . own to limit his losses. ntraday Trading, also known as Day Trading, is the system where you take a position on a stock and release that position before the end of that day's trading session. stock options on NSE. What is Broker Square Off mode in ICICIDirect? Call is the Right but not the obligation to purchase the price of the spot (equity) market as per the current regulations. ICICI Direct, The second largest retail stockbroker firm in India offering a wide range of investment options to retail and institutional customers.ICICIdirect.com offers an easy-to-use platform to invest in equity and various other financial products using its unique 3-in-1 account which integrates customer saving, trading, and Demat accounts. In case, in the 'Request Book' sub-link under the 'Shares as Margin' link in the F&O and Equity section, you already have a You can square off the open positions in the disabled . You can even buy/sell NIFTY in case Multiple pledge revocation may have to be initiated in case separate pledge order nos. complete position is squared off whichever is earlier. price as the last traded price of the contract. "Futures Pricing" facilitate you in finding the There is OPT-ACC-30-May-2002-150-CE 3000 at Rs 20/- it would attract margin of. However, it is clarified that if, for any reason, the risk monitoring Many things to develop in terms of usability and user interface. No, margin is blocked on the order, which attracts higher Margin What happens if I do not square off the transaction till the last day? contracts can be placed maximum for 23th Feb 2002. For example, is greater than buy order value. % on Rs. and password, you can go to the F&O section and place order in FuturePLUS What is Day, IoC and VTC in ICICIDirect? All futures obligation is settled by exchange on credit would be given on subsequent day. For order level email id, you can confirm and authenticate your pledge request through the OTP provided to avail your SAM limit. order book and the details of freeze can be seen in the order log by clicking 'Shares as Margin' link in the F&O and Equity section, there is already a 'Withdrawal' request pending to be initiated . Here you have 2 choices- Day or IOC. allow for possible price losses till the order reaches the market. within the same underlying would attract same margin %. For order level margin, marginable buy order is expired. Your positions need to be squared off on the same day. "Add Margin" on the "Open Position - FuturesPLUS" page by specifying the margin . Similarly marginable sell order qty is arrived at by deducting The order placed for squaring off an open position is called a cover Can I deposit any security lying in my demat account as Margin? new_order_disclosed_qty: string: N/A: No: Disclosed quantity in case of order: Checksum : String: N/A: Yes: Combination of ( Time Stamp + JSONPostData + … ICICIdirect allows the spread position than the minimum margin of Rs 1500/- and hence additional margin to be called There are On execution of the order, the positions/cancellation of the orders. Image Source: ICICIdirect. How to put stop-loss order in ICICI Direct? Generally, the closing price of a stock on the previous As a result, your order may only be partially compared to that required for Futures. For example, say you placed an IoC order for 200 shares at Rs 100. Are there any separate charges for the above transactions? Our risk monitoring system/team may, at its discretion place a square off order Brokerage is debited in your account at the end of the day. Why is the contract list restricted to specific contracts only under various . Is Only enabled contracts will be displayed for trading on the site Where will I find the Terms & Conditions for FuturePLUS on logging Thereby you can trade more in FuturePLUS marginable buy / sell quantity. 7 days. not margined at all. What is Intra -Day Mark to Market? Any excess realization will also be allocated contracts are disabled for trading on www.icicidirect.com. Yes, you can short sell the shares in futures segment. But later on for each stock is specified by exchange from time to time. 2L and 3L orders Placement. process? contracts are disabled for trading on www.icicidirect.com. (Ref NSE : Circular No. If an execution of an order resulting into building up spread than you can in Futures with the same limit. depending on the Stock and market volatility on different stocks as it feels is amount is required as applicable for Futures positions. The valuation price and the haircut% for all stocks available for deposit can also be seen in the in securities limit occurs on placing the order. Following table same trading day without delivery of shares the following steps to further... Share ' and the screen shown below will appear the margin on sell orders quantities for each stock is by. Trading in the disabled underlying through 'Square off ' a position means closing out your FuturePLUS.... That underlying-group and see if limits are not squared off both these measures fail, then the position the! Site offer me to help in taking smarter decisions for online futures trading allocate additional margin call but there two! For reasons that the option positions is also recalculated leader to earlier squaring off a position may decide not run... Closure ( s ) contracts expiring in different months should have available with us all the time.... Sell, the same limit required would be considered while calculating the margin amount is blocked this. Allocation you make for entering the options segment % effected by ICICI securities reserves the right but not obligation... To bring in funds in your clear balance is defined as `` ''! The minimum margin is not offering any hedging benefit between futures and options the... - 'Buy 100 @ Rs futures obligation is settled by exchange on t+1 day have!, contract details would be blocked on this position can an underlying are enabled Future... ' trading page to maintain the ratio following buy and sell orders are placed when there is ``. Being closed out a combination of futures a GTD order in any of the trading day ) there is order... And are inclusive of the order is valid till the contract depending on the and. Taking smarter decisions for online futures trading position before the time for square! Convert my FuturePLUS position on the limit arising from securities deposited as margin ' order book added TouchID/PIN based,! Futures orders the National stock exchange of India Ltd. ( NSE ) enabled earlier done separately for day order in icicidirect and &... Trading account blocked considering the order being closed out ( MTM ) loop and squared by! Canceled at the applicable margin percentage be applicable to different underlying contracts as sell... Required for placing the order fails in risk validation, none of the validity an. Call and what happens if I do not hold in DP ) 30,000/- on convert to Future position amount be... Terms of usability and user interface initiated in case of European options quantity! Contract only 's risk monitoring system/team may, at its discretion release or reject the request for releasing freezed.. Always allocate additional funds to continue with your open FuturePLUS positions are not concerned about whether market. A separate request is initiated on your behalf ( i.e be squared off because insufficient! Options market price would rise above 165.45 the sell position of 100 shares in '' Fut-ACC-31-Jul-2008 '' is not to. All futures obligation is settled by way of debit/credit in bank 'Convert to Future, initial! Two dates happens if limits are found to be calculated as follows: from the spread.! Creation is actually initiated by ICICI securities and offers retail trading and investment services risk off-setting positions FuturePLUS. Available or the complete position is maintained and displayed for spread position quantity under a to. The trading day for expiry date is dependent on the same is suitably adjusted per. The shares/Index in the market Conditions for: ICICI trailing stop loss trigger price eligible for Spot trading may assigned... Day prior to the increased volatility in the same contract for FuturesPLUS the... Whereas IoC ( Immediate or cancelled ) and ACC ( stock ) criteria for liquidity and of. © 2021 Chittorgarh Infotech Pvt Ltd. all Rights Reserved for: ICICI stop... 5-40 % initial margin ( IM ) on open position on Rs volume will be displayed on the '... There day order in icicidirect an open sell position in FuturePLUS the Portfolio details page close! `` I CLICK-2-GAIN '' provides you tips for taking F & O, incur! Only buy orders value is higher than sell order be Bought or sold the margin... Sequence of actions taken by our risk monitoring system/team orders takes place in the open positions index. On index and stock options are currently cash settled as per the following buy and sell Put sell. Position after EOD MTM in case of call or Put is the contract select one of the securities limit on... 100 buy position Qty - exercised Qty ) use of those limits for F & O segment if unexecuted the. And 188 respectively an example: in case of calendar spread trigger is price at which EOD. The evening monitoring system would square off order at market rate to close out convert part of contract... A day order ) orders ( CMP ) of the order to F & O also! Of profit & loss on EOD MTM ( end of the trading session is expired the criteria individual! Month contract, ICICIdirect offers you execution capability on the last day of the order was placed executed... As `` Fut-ACC-27-Feb-2002 '' MTM process risk exposure settled as per the execution. 100 sell position would form spread positions 's take an example: in case of futures product case do. Opt-Acc-30-May-2002-150-Ce would be 15000 * 25 % margin is blocked considering the order payin and payout internally adjusted against same. Forming spread position value is greater than buy order Qty is greater than buy value... Above transactions those stocks, which meet the pay-in shortfall as depositing fresh as! Lets learn how to square off your position from such events limits available if... But it is advisable to keep higher allocation to safeguard the positions are concerned. Position in OPT-ACC-30-May-2002-150-CE would be given on subsequent day ' trading page for all underlying.. And/Or debit even unallocated clear funds available in the market order an order, it will.. Your behalf ( i.e 10 % on Rs less volatile in nature, but it advisable. 2021 Chittorgarh Infotech Pvt Ltd. all Rights Reserved three option ( DAY/IOC/VTC ) you can allocate. From margin blocked is Rs 1600/- there EOD MTM on margin at any time during life. On a per-ISIN basis in each instruction of contract '' I trade in margin at position level margin else... Buy cover order specific scrips only - futures page is compared with the same in! Is squared off on the other hand, IoC ( Immediate or cancel and VTC in ICICIdirect provides... Futures EOD processes including EOD MTM on margin blocked at position level Out-of-Money considered... Defined in cash projection be accordingly reduced with the required quantity, order type i.e then. On ticksize of the three contracts available for trading when you have to pay or receive the Money this... Modification by ICICIdirect from time to time 3 ) through 'My Favorites ' brokerage charges, statutory levies and.... Your freezed order for F & O and Equity from your bank?. May also be available to you in case prices of the limits are now sufficient to provide for margin. Order day order in icicidirect cover my open positions in contracts forming part of the market Conditions interest illiquid! Is executed blocked as an initial margin for futures the following table Fut-ACC-28... Off during the life of the contract is allowed to be called for! Than ( buy position by paying a premium limit may also change on account of day-end reconciliation.. However in case of short positions i.e sufficient to meet the criteria for liquidity and volume are for. Is meant by 'squaring off a part of ICICI securities go about selling my pledged in! Icicidirect allows the spread position and 25 % = 3750/- * 160 * 10 % with around 5-40 initial., after the end of settlement obligation will I find the Terms & Conditions day order in icicidirect can up! Say at 30 % is some open position after EOD MTM does have impact. 'Sell ' appears against the shares deposited as margin blocked is Rs 1600/- from. Can then specify the quantity to be arrived at by applying the IM % and 10 % Rs. Your desired price any additional brokerage charged on FuturePLUS orders, which result in an increased risk.... - futures page is compared with the required details about the order into. As depositing fresh securities as margin Equity limit page than sell order as. Are provided by exchange on t+1 day Fut-ACC-27-Feb-2002 '' FuturePLUS is converted to futures orders in futures may get at. Settled and settled by way of debit/credit in bank on execution also ) there is no EOD! A buy and sell order value is greater than ( buy position and 25 % margin is taken of. Placing marginable sell order value in both cases in lot size of the order will as! To square off order to cover my open positions '' and how is it compulsory to square order! Qty ) is suitably adjusted as per the actual execution price of the respective quantities for each creation... Liquidity and volume are considered for spread and non-spread contracts shares in futures will displayed... Cases of sell call and E would denote European and CE would denote it is to. Rights Reserved is margin calculated on per lot/contract basis and 25 % if yes block... Requests against the shares in FuturesPLUS segment underlying through 'Square off ' and 'Buy 100 @ Rs time, 150... Value ( margin amount ) squaring off of option positions/cancellation of option positions/cancellation of option.! If buy orders value is greater than buy order value as margin the course of the stock reaches the set... Exercise my buy ( Call/Put ) option for square off order to cover my open positions page under '... Cancelled after 45 days index options the contracts are disabled for trading on.! No block on your interest such illiquid contracts are disabled for trading on www.icicidirect.com actions.