Announcements

?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.

We hope you are taking care of yourself during this period. This is to inform you about a change in our internal settlement close out policy.

Please note that in case of short delivery of securities as on the date of settlement, such shortage  shall be settled as per the close-out price available from the Exchanges. In case the close-out price is not available from the Exchanges, the auction price on the settlement date shall be considered. If both, the close out price and the auction price are not available, the price would be considered as 20% above the closing price on the settlement day. The current mechanism of internal shortage handling (i.e. buying against internal shortage) will be discontinued and all settlements henceforth shall be made following the new process stated above.

To refer the entire policy click here:
https://upstox.com/files/InternalSettlementCloseOutPolicy.pdf

Square off will be at 3 PM for Equity Intraday and F&O, and at 4.30 PM for MCX. Kindly plan your trades accordingly.

?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.

Square off will be at 3 PM for Equity Intraday and F&O, and at 4.30 PM for MCX. Kindly plan your trades accordingly.