Announcements

Due to expected trading volatility on the day of the Union Budget i.e. 23 July 2024, please note the following changes:

Changes in intraday leverages & margin requirements:

• - 2X on F&O Stocks i.e. 50% fund requirement.
• - 1X on Non F&O allowed 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: 

• - Cover Orders (CO) will be blocked for all the segments.
• - All the above margin-related changes are subject to change, given the market trend on the above-mentioned day
• - In extreme volatility, the risk team reserves the right to close out/square off positions with/without prior notice
  

Disclaimer: All regular RMS rules shall apply. Clients are primarily responsible for intraday open positions. Upstox cannot be held liable if any open position is not squared off. Clients shall be responsible for fulfilling their Net Delivery obligation(s).