Can I convert MTF positions to Overnight on FYERS?

Can I convert an MTF position to Overnight?

Yes, you can convert a Margin Trading Facility (MTF) position to an Overnight (CNC) position directly from your FYERS account, provided certain conditions are met.

Key Conditions for Conversion

  • Conversion Window: Submit the request between 9:00 AM and 7:00 PM.
  • Sufficient Margin: Ensure your account has adequate funds to support the CNC position.
  • Settlement Time: Once converted, the stock will reflect under your holdings on the next working day.

Important Points to Remember

  • If margin is insufficient, the position will not be converted.
  • Requests are subject to validation by the Risk team and are processed next working day.
  • If you sell the MTF stock before the conversion is executed, the request will be cancelled automatically.
  • You’ll receive WhatsApp and email alerts regarding the success or failure of your request.
Important: Always verify your margin availability before placing a conversion request to avoid rejection.

Last updated: 13 Jun 2025

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