When does TradeJini square off positions, and under what circumstances?

Estimated reading: 1 minute 82 views

TradeJini initiates square-offs in three scenarios:

Case 1: If a client opens an MIS position and fails to square it off, our RMS team will automatically do so at 3:15 pm.

Case 2: In the event that margin utilization exceeds 100% of the funds, the position may be squared off at any time by the RMS.

Case 3: On the expiry day, if there are open stock options (ITM contracts) or futures positions (only stocks), and the client lacks sufficient funds or stock for physical settlement, our RMS will square off these positions.

In these cases, TradeJini reserves the right to square off positions without prior information.