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Why BO and CO orders are blocked on budget day?

Lets_Invest January 31, 2018, 6:20pm 6

Important update - Margin requirements for Budget day 2018 Announcements

The announcement of the Union Budget 2018 is scheduled for Thursday, February 1, 2018. In anticipation of the increased volatility, intraday leverage for the MIS product type will be lower than usual for Equity, F&O, and Currency segments. Intraday margins for the Commodity segment will remain the same. While the budget session is live, bracket and cover orders will not be available. Margin requirements will reset to normal as soon as the volatility subsides. Please ensure you maintain adequat…

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