Why was my equity intraday order squared off before the cut-off time?

As per our Risk Management Policy, if a scrip experiences a price change of more than 15%, we may take precautionary measures on best effort basis to protect against potential losses. These measures include:

  • Blocking new trades in that scrip.
  • Squaring off existing intraday  in the affected scrip.

These actions are by our RMS team to ensure market stability and mitigate excessive risk. In cases where squaring off is not feasible due to circuit hit etc., your position may be converted into a  trade. Please note that any associated costs or penalties imposed by the stock exchange will be debited from your account along with GST (if any).

For detailed information, we encourage you to review our Risk Management Policy, available in the Policies and Procedures section on our website.