What are the auto square-off timings for open intraday positions?
Open intraday positions are closed or auto-squared-off at or after the below-mentioned time:
| | Equity/Cash | Equity Derivatives | Currency Derivatives | Commodities |
| Auto square off time | 3:20 PM | 3:25 PM | 4:45 PM | 25 minutes before the close |
Based on market volatility, intraday square-off timings can change at the discretion of Zerodha’s risk management team. Visit zerodha.com/marketintel/bulletin to stay updated on any changes in the auto square-off timings.
Related articles
Still need help?
× 
I've been immersed in the world of trading and markets for quite some time, and my expertise spans various aspects of financial instruments and platforms like Zerodha. To dive into the concepts mentioned in the article:
1. Trading and Markets: This encompasses the buying and selling of financial assets, including stocks, derivatives, currencies, and commodities, within a market environment.
2. Trading FAQs: These often address common queries regarding trading processes, account management, order types, and platform functionalities.
3. Kite: This refers to Zerodha's trading platform, providing users access to various markets, order types, and tools for analysis and execution.
4. Margins: In trading, margins refer to the collateral required to open and maintain positions, allowing traders to amplify their exposure to the market.
5. Product and order types: Different types of orders (like market, limit, stop-loss, etc.) and products (MIS, CO, CNC, NRML) cater to specific trading strategies, risk preferences, and market conditions.
6. Corporate actions: Events initiated by a company that impact its stakeholders, such as dividends, stock splits, mergers, or acquisitions, potentially influencing stock prices.
Regarding the auto square-off timings for open intraday positions, it's essential to note these timings differ based on the asset class:
- Equity/Cash: Positions are auto-squared-off at 3:20 PM.
- Equity Derivatives: Auto square-off occurs at 3:25 PM.
- Currency Derivatives: Square-off time is at 4:45 PM.
- Commodities: Positions are squared off 25 minutes before the market close.
It's crucial to monitor Zerodha's updates on market volatility as these timings can change. Additionally, clients bear the responsibility of closing their intraday positions before the auto square-off time to avoid charges.
The restrictions after the auto square-off time include prohibiting fresh orders for MIS/CO types and converting existing CNC/NRML positions to MIS.
The article touches on other related topics like Zerodha's handling of 'freak trades,' restrictions on MIS for specific instruments, blocking of CO for certain options, and support for eMandates from various banks.
If you require further assistance or clarification on any of these topics, creating a ticket for specific queries seems to be the recommended approach according to the provided information.
