What are the timings for Intraday Square-Off?

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• What are auto square-off charges ?

  Square off charges is nothing but intraday charges, same will be levied as per the brokerage plan opted by the client. 

• What is Intraday Order?

  Intraday orders means buying and selling stocks on the same trading day. Share prices keep fluctuating throughout the day, and intraday traders try to draw profits from these price movements by buying and selling shares during the same trading day.   ...

• Can IIFL square off If I have any position in equity and scrip moving towards upper freeze or lower freeze ?

  Yes. Reason for doing square off of short position is to avoid short delivery in the exchange and to avoid auction penalty. IIFL tries to square off short positions of non derivative scrips before price on the upper side. There might be chances that ...

• Why client Intraday Position not squared off?

  1) Client Intraday position might not have been squared off due to the stock hitting the upper or lower circuit in that particular trading session 2) In case client have bought the stock & it has hit lower circuit shares will be sold on the next day. ...

• How can I convert my intraday position into delivery?

  To convert an Intraday position to Delivery:  Go to the 'Positions' window in the Portfolio tab. Click on the Open Position and then on 'Convert '. Note that all intraday positions are the auto squared-off at 3:15 PM if they are not closed by the ...