Announcements

There have been some modifications in the contract specifications for copper futures contract. These are as follows:

1. Change from ‘both options’ to ‘compulsory delivery.’
2. There will now be a uniform trading and delivery lot size of 2500 kg (2.5 MT). 

For details, please refer to the MCX circular, dated 12th June, 2019. 

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.

On the auspicious occasion of Akshaya Tritiya, the Exchange is conducting an extended live trading session on Tuesday – May 07, 2019. During this session running from 4.30pm – 7pm, customers will be able to trade only in Gold Exchange Traded Funds (ETFs) and Sovereign Gold Bonds.

For other important instructions pertaining to the extended live trading session:
Read the circular of BSE
Read the circular of NSE