MTF closed beta for TradingQ&A users

Dear Sir,

Today, I sold 420 units of MOTHERSON under MTF. However, as the price dropped, your system did not allow me to cover the same (buy) position in MTF. Consequently, I was compelled to purchase 650 units of MOTHERSON under CNC instead.

As I understand, by the end of the day, the system will net off the MTF sell position with the CNC buy, resulting in a net CNC buy of 230 units. Since this situation arose due to a system restriction on your end, I kindly request you to either treat this buy as an MTF trade or convert the 230 units from CNC to MTF.

I have raised ticket on Zerodha having ticket number as: #20250408115060.

Please check and do the needful.

Thanks

No way it is possible to convert CNC to MTF, only from MTF to CNC is allowed. So, 420 will be in MTF for tomorrow and 230 will be in CNC.

Then in that case Zerodha should have allowed to buy in MTF. You have been forcing us to buy only in CNC which is wrong. Is it rule being imposed by SEBI or is it Zerodha system. Would you advise me to register complain with SEBI for same?

Kindly check and revert.

Thanks.

We have that policy in place, can check this.

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

thank you for the clarification , it was helpful for conceptual clarity

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.

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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.

Thanks,

Please refer attached image. I have raised ticket on 15th March 2025 with regard to difference in name showing of Alok Industries in Kite and Console.

Till date after 1 month, it has not been resolved.

Please check.

Thanks.

@Ruchi_Porwal Can we check this.

Hi, checking this. Will share an update soon.

Any update?