- The open intraday positions are auto squared off at or after the following mentioned scheduled time: -
| Equity/Cash | Equity /Index Derivatives | Currency Derivative | Commodities | Auto square off timings | 3.20 pm | 3.20 pm | 4.30 pm | 30 minutes before the close time |
- For commodities the auto square off timings is scheduled 30 minutes before the closure time. The normal market session of commodities is from 9:00 AM to 11:30 PM. However, usually between November and March it is around 11:55 PM due to US daylight savings.
- The clients must close their open internet positions before the square off time mentioned above. However, if such positions are not squared off by the client, then Jainam will auto square off such open positions.
- No charges are applied for squaring off open internet position by Jainam.
- Fresh orders for MIS or CO order types after auto square off timing is not allowed.
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