How to Do Square Off by India Infoline?

Square off by India Infoline can be done through following ways:

Step 1: Avail Auto Square Off as a Risk Management Measure – Consider utilising auto square off as a risk management measure in your trading strategy.

Step 2: Set Triggers for Position Square Off – Determine specific triggers that will prompt the auto square off of your trading positions.

Step 3: Conditions for Broker-initiated Square Off – Understand that brokers can square off your positions under certain conditions.

Step 4: Costs and Additional Brokerage – Understand that while losses are typically considered your cost, some brokers may also charge additional brokerage for forcible square off.

Step 5: Monitor Trading Day Deadlines – Keep a close eye on deadlines, especially the 3.15 pm cutoff for intraday positions, to prevent automatic square off by the broker. Regularly check and ensure that you have sufficient funds to cover margin requirements and prevent broker-initiated square off due to fund shortages. Familiarise yourself with your broker’s policies regarding auto square off and associated charges to make informed trading decisions.

What are the time constraints for square-off if I don’t close my intraday positions?