Announcements

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.