Announcements

Due to expected trading volatility on the day of the Union Budget i.e. 1st February 2022 the below changes in leverages are proposed in addition to our current framework.

Changes in intraday leverages & margin requirements:

2X on F&O stocks i.e. 50% fund requirement.
1X on Nifty500 Stocks i.e. 100% fund requirement.
1X on all derivatives (Equity, Currency & Commodities) as per the Exchange peak margin requirements i..e. 100% fund requirement.

Changes in other products:

Intraday trading (MIS) on selling options contracts will be blocked for the day or till further updates.
Cover Orders (CO) products will be blocked to trade for all the segments.
All the above margin related changes are subject to change, given the market trend on the above mentioned day.
In case of extreme volatility, the risk team reserves the rights to close out/square off positions with/without prior notice.

Disclaimer: Clients are primarily responsible for the intraday open positions. Upstox cannot be held liable in case any open position is not squared off.