MTF closed beta for TradingQ&A users

[siva]

@sn88

Do zerodha has plans to allow pledged stocks/ mutual funds as margin for MTF ?

We do, but this will take much more time.No ETA also.

[siva]

@spshah

Is there a limit on the number of ATOs we can create, similar to how GTT orders have a limit of 250?

200 open at one point of time.

[sn88]

Okay ,

[Tejendra_Gauttam]

What is the ETA for conversion of MTF position to CNC?

And what is the ETA for adding money to MTF position to reduce the funded amount and interest thereon?

It’s been about 4 months since the feature has been requested for the first time. You’re already pledging and un-pledging securities in order to provide collateral margin. It shouldn’t take much time.

@siva @nithin

[siva]

@Tejendra_Gauttam

What is the ETA for conversion of MTF position to CNC?

Two weeks.

@Tejendra_Gauttam

And what is the ETA for adding money to MTF position to reduce the funded amount and interest thereon?

No plans to do this as of now, user can only convert to CNC.

[Tejendra_Gauttam]

So, just for clarification, we will be able to convert partial quantity to CNC.

Suppose if I hold 100 shares under MTF, I can convert 50 of them to CNC and the remaining can be held under MTF. Is that right? @siva

[siva]

@Tejendra_Gauttam

Suppose if I hold 100 shares under MTF, I can convert 50 of them to CNC and the remaining can be held under MTF. Is that right?

Right.