MTF(Margin Trading Facility)

General
129

@siva - Same for AMO?

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130

In case there is ledger balance and i take mtf position just for eg. I have 100000 ledger balance and i take mtf position worth 50000 would i be charged interest?

131

Yes, because the MTF ledger is separate.

132

When will we get MTF for Kite mobile app ?
@siva @nithin_kumrr
I’m not always available with laptop and In phone I can’t access MTF positions.

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133

Will take few more weeks, for now you can open kite on your phone browser.

134

Is there a timeline for when API users can place MTF orders through KiteConnect?

135

Available for API users, our team will add it to documentation in next few days.

136

I was using sharekhan but they never charged interest in case if my ledger was in excess than position taken.

This helped me to built portfoilio and pay for shares bought on mtf. Once fully paid i converted it to delivery.

I believe it is wrong accounting practise to charge for interest in case u have ledger balance more then the position taken

137

MTF ledger and non MTF ledger are maintained separately. This is a regulatory requirement. Interest is charged if your MTF ledger is in a debit balance.

Also, the credit available in your non MTF ledger is available for you to trade, withdraw, so expecting it to be net off against MTF debit and then charging interest, does not seem right.

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138

Anyways i hardly use MTF hope u guys up with a system where if user want he can determine how much funding he wants / or add money to mtf ledger to reduce interest.

What i really look forward from u guys is to provide T + 5 days for delivery based on pledge margin hope thats in pipe line

139

Guys I have filled the activation form with client id - BS2506

Had shifted to Dhan for MTF reason solely; glad to be back with Zerodha again

Btw is there any pdf/excel for list of stocks available under mtf and margin provided against each stock.

140
141

The documentation for MTF is still not up? Any timeline for this please?

142

Documentation about what?

143

Documentation for MTF for API users

145

Please refer to this comment

146

ahh, we will be adding this week.

147

I wish GTT order in MTF and lower interest rate

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149

Please add GTT for MTF transactions, I wish this makes trades better for office going employees, please consider the request
@nithin

150

GTT will take sometime, but can use ATO for now, same usage as GTT. Check ATO here.

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