🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

In addition to margin & related penalties applicable in the Derivative Segments, margin & related penalties shall also be applicable in the Equity Segment as well. This is in pursuant to SEBI circular SEBI Circular CIR/HO/MIRSD/DOP/CIR/P/2019/139 dated 19th November 2019, SEBI Circular SEBI/HO/MIRSD/DOP/CIR/P/2020/61 dated 16th April 2020 and SEBI Circular SEBI/HO/MIRSD/DOP/CIR/P/2020/101 dated 19th June 2020. Though margins are being levied by the exchange in the equity segment at client level since 1st January 2020, shortfalls, if any, are not subject to any penalty. However, in reference to the SEBI circular dated 19th June 2020, the provisions shall be applicable from 1st August 2020. So, similar to the regulations of the derivative segment, in case of margin shortfall in the equity segment, you shall be liable to pay a penalty. Considering the above changes and to get you accustomed to the above regulations, we have reiterated what shall and shall not be considered towards the margin requirements, below. This shall be irrespective of the segment you trade in. Accordingly, you will need to continue meeting requirements relating to depositing initial margins upfront on the trading day if you wish to trade in any of the registered segment/s.   The following shall be continued to be considered as Upfront Margin: Funds available in the trading ledger with Upstox Shares pledged* in favour of Upstox as collateral for Margin Purpose(Only for POA clients) The following unsettled values, as per the current regulation, shall not be considered as upfront margin- Profits made from - intraday trades Or C/F Futures trades Net sell premium Credit from the selling of stock   Caution must be exercised while conducting below class of transactions as these may lead to manifolds of margin being applicable, considering the complexity of the transaction: Trading in stock liable to 100% margin Carrying out BTST trades (Being unsettled, margins are applicable for both the buy and sell side, even if the Net position is closed) Trading in scrips under ASM The M-to-M losses can be deposited by you on up to T+1 day, within the timings as specified by Upstox from time-to-time. However, you will have to ensure that any shortfall in the upfront margin requirements are fulfilled by the end of the Trade day.  In case the above condition is not met and margin shortages are experienced, penalties will be levied in accordance with the exchange norms. You can read about the exchange’s penalty structure here. Additionally, squaring-off of your open positions shall continue as per our RMS policy on best effort basis. For queries/doubts reach us at 022-6130-9999 or drop an email at support@upstox.com   * A change is this system shall become applicable in the near future. Clients shall be appropriately informed about such change in advance.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all June 2020 ITM stock options.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all June 2020 ITM stock options.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all June 2020 ITM stock options.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all June 2020 ITM stock options.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 3x margins on CO orders on Index options (sell side) and up to 2x on buy side. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all June 2020 ITM stock options.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all ITM stock options.

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for NSE options and MCX. 🔹 Delivery margins applicable for all ITM stock options.  

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹OCO orders are blocked for NSE options and MCX

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹OCO orders are blocked for NSE options and MCX

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹OCO orders are blocked for NSE options and MCX

🔹Up to 10X margins on CO and OCO orders in Nifty and Bank Nifty Futures only. 🔹Up to 10X margins on CO and OCO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹OCO orders are blocked for NSE options and MCX

🔹Up to 10X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 10X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

The long-awaited margin framework for futures and options has gone into effect on 1 June 2020. With this change, traders who have hedged their positions (i.e. have multiple positions that fully or partially offset the risk of loss) will be required to keep lower margins, and conversely, for higher-risk positions, the margins will be higher. For certain low-risk strategies, the margin decreases by as much as 70%. This is expected to encourage a new class of risk-averse traders to enter the market. The methodology that determines the F&O margins has been modified in such a way that in a highly volatile market, a higher margin will be required for unhedged positions. Further, given that market volatility has been high during the current pandemic, the margin required for unhedged positions is ~30% higher on average. However, as market volatility reduces, the trading risk will be lower, which will bring down the margin requirement. We advise all clients to adjust their options strategies to make the most of the revised margin framework.  Please note: Clients having open positions as on 29 May 2020 can view revised margin requirements on 1 June 2020 on the Pro Mobile app and Pro Web. If you have any unhedged positions, the margin required will be higher and you shall be required to add funds by 1.00 pm on 1 June 2020 to maintain your positions, following which such positions shall be squared off at any time.

Due to SEBI's new margin rules applicable from Monday, we do foresee a sudden jump in required margins for overnight F&O & CDS positions. To account for this, we are partially increasing the margin requirements from today for carry forward F&O and CDS positions.

🔹Up to 10X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 10X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 10X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 10X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 10X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 10X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.  

🔹Up to 10X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 10X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.  

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 5X margins on CO orders in EQ (for F&O-listed stocks only). 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday orders in Currency Derivatives. 🔹Up to 3X margins on Intraday and CO orders in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday and CO orders in F&O. 🔹Up to 2.5X margins on Intraday orders in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday products in Currency Derivatives. 🔹Up to 3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday products in F&O. 🔹Up to 2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday products in Currency Derivatives. 🔹Up to 3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday products in F&O. 🔹Up to 2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday products in Currency Derivatives. 🔹Up to 3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday products in F&O. 🔹Up to 2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday products in Currency Derivatives. 🔹Up to 3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday products in F&O. 🔹Up to 2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday products in Currency Derivatives. 🔹Up to 3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday products in F&O. 🔹Up to 2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹Up to 5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹Up to 4X margins on Intraday products in Currency Derivatives. 🔹Up to 3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹Up to 3X margins on Intraday products in F&O. 🔹Up to 2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

Due to increased volatility in the global crude oil market, the exchange requires additional margin to be levied on all Crude Oil contracts w.e.f 30th April. Click here to view the MCX circular- https://bit.ly/2VOIZNr Please retain sufficient margins in your account by 10:30 PM on 30th April, to avoid margin shortfall. Note: please ignore if you have already paid the additional margin.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹4X margins on Intraday products in Currency Derivatives. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹4X margins on Intraday products in Currency Derivatives. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹4X margins on Intraday products in Currency Derivatives. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX (Crude Oil unavailable). 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹4X margins on Intraday products in Currency Derivatives. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX (Crude Oil unavailable). 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX (Crude Oil unavailable). 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX (Crude Oil unavailable). 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX (Crude Oil unavailable). 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in F&O. 🔹3X margins on Intraday products in EQ (for F&O - listed stocks only). 🔹OCO orders are blocked for the day. 🔹Intraday orders for MCX are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

🔹5X margins on CO orders in Nifty and Bank Nifty Futures only. 🔹3X margins on Intraday products in EQ (for F&O-listed stocks only). 🔹3X margins on Intraday products in F&O. 🔹2.5X margins on Intraday products in MCX. 🔹OCO orders are blocked for the day.

3X margins on MIS products in EQ (for F&O-listed stocks only) and F&O. 2.5X margins on MIS orders in MCX. CO orders with 5X margins in Nifty and Bank Nifty Futures only.

3X margins on MIS products in EQ (for F&O-listed stocks only) and F&O. 2.5X margins on MIS orders in MCX. CO orders with 5X margins in Nifty and Bank Nifty Futures only.

3X margins on MIS products in EQ (for F&O-listed stocks only) and F&O. 2.5X margins on MIS orders in MCX. CO orders with 5X margins in Nifty and Bank Nifty Futures only.

Get 3X margins on MIS products in the EQ segment (for F&O-listed stocks only) and F&O segment. 2.5X margins available on MIS orders in MCX. CO orders with 5X margins allowed for Nifty and Bank Nifty Futures only.

Get 3X margins on MIS products in the EQ segment (for F&O-listed stocks only) and F&O segment. 2.5X margins available on MIS orders in MCX.

MIS products now available in EQ segment (for F&O-listed stocks only). 3X margins also available on MIS orders in the F&O segment.

MIS products only available in Equity segment (F&O-listed stocks only). On account of market volatility, MIS orders of some scrips may not be allowed by the exchange.

No margins will be available for all products (MIS/OCO/CO) across all segments, today. Kindly place delivery orders only.

No margins will be available for all products (MIS/OCO/CO) across all segments, today.

All Intraday (MIS/ CO/ OCO) open positions in Equity and F&O will be squared off at 3 PM, today. Kindly plan your trades accordingly.

CO/OCO for options and MCX are unavailable. EQ margins for Intraday: MIS/CO/OCO =5x (F&O-listed scrips only).

All Intraday (MIS/ CO/ OCO) open positions in Equity and F&O will be squared off at 3 PM, today. Kindly plan your trades accordingly.

On account of high volatility, OCO and CO orders in MCX contracts are blocked until further notice. Kindly use alternative products for trading.

We are receiving delayed updates on NEFT/IMPS fund transfers from our banking partner. Our team is following up with them for updates at the earliest.

CO/OCO for options are unavailable. EQ margins for Intraday: MIS/CO /OCO =5x (F&O-listed scrips only). All intraday products unavailable for Yes Bank.

SEBI had  decided to compulsorily settle stock derivatives physically in a phased manner, starting with 46 stocks in July 2018. This has now become applicable to all the stock derivative contracts, starting October 2019.  Under this, if you hold a position in any of these contracts on the expiry date, you will have to give/take delivery of the stocks. Accordingly, effective Friday – 22 Nov, 2019, changes applicable on trading with Upstox in Stock Derivatives for the current month (November) contract expiry and all expiries going forward is as follows: Clients shall not be permitted to initiate fresh position in stock options from 5 days prior to expiry of any month. Correspondingly, conversions of carry-forward stock option positions shall not be permitted. Delivery margins would be applicable—as per exchange norms—on all the existing long ITM (In The Money) stock option position in a staggered manner as explained below: 20% of delivery margins computed on expiry -4 days EOD (Friday) 40% of delivery margins computed on expiry -3 days EOD (Monday) 60% of delivery margins computed on expiry -2 days EOD (Tuesday) 80% of delivery margins computed on expiry -1 day EOD (Wednesday) To avoid margin shortages, Upstox would be blocking such (above mentioned) delivery margins from Beginning of the Day (BOD) instead of End of the Day (EOD). Clients shall not be permitted to initiate fresh position in stock futures from 1 day prior to the expiry of any month. Correspondingly, position conversion(s) on carry forward of any stock futures positions shall also not be permitted. The RMS team shall begin squaring-off all the existing open position of the expiring Futures and Options contracts from 2.30 pm onwards, a day prior to the expiry day at the prevailing market price on best-effort basis. If the positions are not squared off for any reason (e.g: non-liquidity), then the contract would have to be settled physically and the client would be liable to pay the entire amount of the settlement. For your reference, you could also go through the SEBI and NSE circulars on physical settlement as below: SEBI circular: SEBI/HO/MRD/DOPI/CIR/P/2018/161 NSE circular: FAOP39824

There has been a  recent change in the rules related to physical settlement of equity derivatives segment.In addition to the margins applicable for the F&O segment, delivery margins shall be levied on potential in-the-money long option positions four (4) trading days prior to expiry of the derivative contract that has to be settled through delivery. Delivery margins are applicable on in-the-money long option positions as per the following schedule: 20% of Delivery margins computed on Expiry- 4 EOD (Friday) 40% of Delivery margins computed on Expiry - 3 EOD (Monday) 60% of Delivery margins computed on Expiry - 2 EOD (Tuesday) 80% of Delivery margins computed on Expiry - 1 EOD (Wednesday) To avoid shortages, delivery margins would be applicable from Friday morning itself, as compared to the exchange's timing of Friday EOD. The clients are advised to add funds on Friday itself before 2.30 PM to avoid any penalties imposed by the RMS team. Since margins are an upfront requirement, positions would be reduced to the extent of shortage values in case of an overall margin shortage No fresh positions would be allowed starting Friday (Expiry-4 days) on all the option contracts with the current expiry, the underlyings of which would be settled physically. This rule applies to all further expiries as well. As per Upstox policy and the previous circulars sent under the subject line:"Revision of settlement mechanism in Equity Derivatives segment,"  we do not permit physical settlement of equity derivatives positions. Thus, all the open positions will be squared off by the Upstox RMS team one day prior to expiry at 2:30 p.m. and no fresh positions will be allowed after the square-off time.

Due to the upcoming election results certain leverage restrictions will be applied on your Upstox account from 23rd - 24th May, 2019. Carry Forward (Delivery) margins for F&O will be increased to: - 1.1x for Index Derivatives of applicable exchange margins - 1.3x for Stock Derivatives of applicable exchange margins - MTM Square OFF % will be revised to 70% instead of 80% for ALL non-PP clients. - On all days - BO / CO for OPTIONS (F&O + CDS) will be Disabled/blocked. - "MARKET" Order for Stock-Options will be Disabled. Intraday (MIS) product for OPTIONS (F&O + CDS) will be disabled/blocked. Thus all leveraged products (MIS /CO / BO) will be Blocked.    

Due to the upcoming election results certain leverage restrictions will be applied on your Upstox account from the period of May 17th  – 24th, 2019. From May 17th – May 24th, 2019 Carry Forward (Delivery) margins for F&O will be increased to: - 1.1x for Index Derivatives of applicable exchange margins - 1.3x for Stock Derivatives of applicable exchange margins From May 20th – May 24th, 2019 - MTM square-off percentage will be revised to 70% instead of the current 80% for all clients - Cover Order (CO) and Bracket Order (BO) for Options (F&O and Currency) will be disabled - Order type ‘Market’ will be disabled for stock options under all product types. - Carry Forward (Delivery) Margins for Currency Derivatives  will be increased to 1.2x of applicable exchange margins for all contracts (F&O) Between May 20th – May 22nd, 2019 (Applicable for Cash Segment) Intraday products (MIS/CO/OCO) will be allowed on basket of F&O underlying stocks only. The applicable leverages would be; - MIS (Intraday) - 5X for all Clients CO and BO will be: - 10x for Priority clients - 8x for all other clients On May 23rd and May 24th, 2019 All the leveraged products (Intraday/CO/OCO) will be disabled. Leverages restoration on Friday will be as per market behaviour, at the discretion of the Risk management team. Important Note: You may need to fund your account from time-to-time, so that your balance is always above the desired margin obligation (including the additional margins charged by Upstox as per above %). Failure to do so will result in your position(s) being squared-off as a risk containment measure.  

Effective 26th April, 2019, exposure margin applicable on securities shall now be altered at different levels of Market Wide Position Limit (MWPL). This will enable investors to take a better informed decision on whether to hold or square-off their existing position before regulatory action kicks in. Please find below the table with the applicable exposure margin of securities.   [table id=61 /] For more information, please refer to the following circular from NSE.

Effective 1st April 2019, there will be a change in margin reporting of Equity Derivatives (EqD) and Currency Derivatives (CD) of BSE and NSE at Upstox. You will need to deposit initial margins upfront on the trading day. Any unsettled values cannot be used to satisfy initial margin requirements. However, these would be considered for your intraday exposure. The unsettled values are as follows- realised profits that you make from either intraday trades / carry forward futures trades net sell premium credit from the selling of stock In case of a loss, the M-to-M losses can be deposited by you on T+1 day, within the timings specified by Upstox. However, you will have to ensure that any shortfall on the margin requirements needs to be fulfilled by the end of the day. In case the above condition is not met and margin shortages are experienced, penalties will be levied in accordance with the exchange norms. You can read about the exchange’s penalty structure here. Squaring-off of your open positions shall continue as per our RMS policy.

SEBI has decided that physical settlement of stock derivatives will now be compulsory and implemented in different phases. As per SEBI’s guidelines, NSE’s circular mentions 46 stocks which will be settled through compulsory physical delivery. If you hold a position in any of these contracts on the expiry date, you will have to give/take delivery of the stocks. Keeping in mind the policy changes issued by SEBI and NSE, here are the changes that will be taking place at Upstox: No physical settlement of derivatives contracts shall be permitted. All open positions in the above contracts will be squared-off ONE day prior to the expiry at 2:30 p.m. by the Upstox RMS team. The position will be squared-off as per the market price at the time and no fresh positions will be allowed. Fresh positions will not be permitted in these contracts on the expiry day. After implementing the above mechanism, if the positions are not squared off for any reason (e.g: non-liquidity), then the contract would have to be settled physically and the client would be liable to pay the entire amount of the settlement. Feel free to refer to the following circulars in case of any queries: SEBI Circular NSE Circular NSE FAQ

To trade in derivatives the exchanges ask for margin, i.e., SPAN + Exposure, to carry forward positions overnight. Until now a short margin penalty of up to To trade in derivatives the exchanges ask for margin, i.e., SPAN + Exposure, to carry forward positions overnight. Until now a short margin penalty of up to.. Read more

To trade in derivatives the exchanges ask for margin, i.e., SPAN + Exposure, to carry forward positions overnight. Until now a short margin penalty of up to