Can MIS be converted into CNC/NRLM and vice versa?

Can MIS be converted into CNC/NRLM and vice versa?

There’s no option of conversion of product type from MIS to CNC or NRLM in Jainam Pro and Option traders. The trader or the client can connect to Jainam’s team for such conversions.

RELATED FACTS: -

  • MIS positions will be converted to CNC or NRML only if sufficient margins are available in the trading account of the requisitioner.
  • Short option position can be converted into MIS to NRML and vice versa.
  • MIS index options buy positions cannot be converted to NRLM, CNC or Mis and vice versa.