MTF closed beta for TradingQ&A users

Hi my request for MTF activation is due for a week
please look into it
thanks
@siva

It will follow FIFO method only.

Can you create ticket.

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created ticket

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Hey ! When MTF gonna available for all users ?
Any comfortable timeline for it ?
30 days ?
45 days ?

Please tell me advance :pleading_face::pray:

By this year end.

Use kite in mobile web browser to view MTF holdings.

FIFO method in case u have longterm holding u would book profit in it and ur average will come upwards

Hi I am waiting for MTF also filled form my user ID WJX143
please activate MTF for me

We’ve enabled MTF for all eligible users who filled out the form until now. For certain users, MTF is not allowed, read more.

Is seprate P&L ledger will be available on console for MTF trades? And while viewing portfolio will seperate entries will be seen for normal CNC entries and MTF?

Is security list of 287 is that final or only for initial testing?

386 Scrips are available now for MTF, it will be increased once we go live.

Hello @Ragavendran_M Do you plan to go live with MTF for all before 2024 ends? Thanks.

Mine hasn’t been activated. Client id - BS2506

Dmed you the details.

We’re planning to open up MTF to all Zerodha users this month itself.

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hey zerodha can you create separate MTF console rather than mixing up original holdings

By next week this should be available.

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One suggestion,

I dont know what’s the actual statutory requirement.
In FAQ it was mention that in case of corporate actions like splits and bonus issues existing mtf positions will be squared of compulsory.

Can we maintain the position as it is via auto pledging the bonus shares caused by mtf positions and likewise for the splits. As split or bonus issue doesn’t bring change in the investment value of a investor it is just for presentations and discloses or capitalisation of reserves in case of bonus and split. And hence ultimately it will not affect the amount of loan or leverage provided by zerodha for mtf positions.

For example
if DMart (ex : CMP=5000)comes with 1:1 bonus issue price will theoretical reduce to 50% of existing market value.
If investor buys one share of DMart
And hypothetically the average provided is 5x
Then investor will pay only 20% of the full margin required, here 4000 is funded by zerodha.
And post ex date shares will be trading half the price and investable get additional benefit of 1 share, and now if that additional share received by original MTF position then it can be auto pledged by the broker, resulting perpetuality of the position.

In case of demerger it can also be considered.

Hence if auto pledging shares is viable and compatible with the statutory compliance it may be considered

You can continue to hold an MTF position in case of a bonus or stock split. We’re supporting these two, as mentioned in the FAQ (updated last week).

The problem with demergers is that there are too many uncertain points, like the unknown cost of acquisition before the ex-date, no fixed timeline for crediting demerger shares, demerger shares won’t be immediately part of the approved list for MTF, etc., which makes it difficult to support.

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