No explanation has been given in this link as to why such policy is. is it under rules framed by SEBI. Can I check with them?
Also, every after market is closed, if we have pending SELL MTF position, your system even does not allow to place BUY AMO order for same scrip and therefore we need to wait for the next day to place order. Even after market is closed, what kind of risk you would be having?
do this means that only for a day i have to bring in cash and then it will get converted back to MTF and margin will be adjusted or it will become CNC next day ?
Yes, since the buy is on CNC, you’ll need to bring in cash margins for that order. However, because both the MTF sell and CNC buy happened on the same day, it’s treated as intraday for P&L netting. The shares will continue to remain under MTF, won’t convert to CNC the next day, and margins will be adjusted accordingly. @varad_mulye
Tried Mtf but only disappointed that can’t exit a short mtf position. To keep Mtf position we have to buy CNC. If I had that much money available, I would not have chosen Mtf. My question is what is the difficulty or use case / logic behind not permitting squaring off short Mtf position. In similar case of short pledge qty, it is allowed.
I’m facing a recurring issue in Console’s Tradebook where each trade is being shown twice, resulting in incorrect doubled quantities. This is affecting my trade analysis and accuracy of records.
The trades appear duplicated even though I’ve executed only once.
This is not related to partial fills or split execution, as the details (time, quantity, price) are exactly the same.
I’ve attached a screenshot for reference.
Please investigate and resolve this issue on a permanent basis. It has happened multiple times in the past.
Can you please clarify if MTF order under GTT is allowed to place, modify and delete through Kite connect API. If yes, please share link of documentation. If no, please let us know reason and when it would be available. Thanks
Yes, possible, in the same documentation of GTT just change product type as MTF. Check here.
If you have tech related queries around API you can post on kite API forum itself.
I purchased stocks using MTF (Margin Trading Facility), but there was a short delivery (the seller did not deliver the shares). I need some clarification:
1. Will this short delivery result in a margin shortfall immediately, even though it’s a settlement issue and not a problem on my end?
2. Will my entire MTF portfolio be at risk due to this short delivery’s margin shortfall due to CNC conversion from MTF, or is it handled separately until the issue is resolved?
During the time it takes to resolve this short delivery through the auction process, do I need to provide any additional margin or funds? This situation is not my fault at all, and I feel it’s unfair for me to suffer due to circumstances outside of my control.
I kindly request that you consider not applying any margin shortfall charges during this process, as the shortfall is not due to my actions, but due to the seller’s failure to deliver. Please let me know how Zerodha plans to handle such situations and whether any relief can be provided for clients in my position.
Please explain how Zerodha handles short delivery cases under MTF and if there are any margin-related penalties before the auction is complete.
I purchased stocks using MTF (Margin Trading Facility), but there was a short delivery (the seller did not deliver the shares). I need some clarification:
1. Will this short delivery result in a margin shortfall immediately, even though it’s a settlement issue and not a problem on my end?
2. Will my entire MTF portfolio be at risk due to this short delivery’s margin shortfall due to CNC conversion from MTF, or is it handled separately until the issue is resolved?
During the time it takes to resolve this short delivery through the auction process, do I need to provide any additional margin or funds? This situation is not my fault at all, and I feel it’s unfair for me to suffer due to circumstances outside of my control.
I kindly request that you consider not applying any margin shortfall charges during this process, as the shortfall is not due to my actions, but due to the seller’s failure to deliver. Please let me know how Zerodha plans to handle such situations and whether any relief can be provided for clients in my position.
Please explain how Zerodha handles short delivery cases under MTF and if there are any margin-related penalties before the auction is complete.
Does zerodha deduct the money for MTM losses everyday? if yes then what happens when share price recovers from MTM losses to profit? is it same like Futures position or i am missing something here?