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. 

• 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 ...

• 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 I square-off all my open positions at once?

  Yes, you can square-off all your open positions by selecting the 'Exit All' option

• Why Physical delivery position square off by RMS on expiry day ?

  RMS squared offs ITM options & future stock contracts to avoid any physical delivery settlement by EOD. However for any stock option contract RMS square offs 2 strike up or down considering ITM contract to avoid any volatility risk.