Can I Convert an MTF Position to Overnight?

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 on the 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.

What If...

ScenarioWhat You Should Know
You don’t have sufficient marginThe conversion request will be rejected. Add funds to your account and reinitiate the request.
You sell the stock before conversion is processedThe request is cancelled automatically, and no CNC conversion takes place.
The request is under Risk team reviewConversions are validated before execution. You will receive an update via WhatsApp and email.
You want to know the exact stepsFollow the process guide here.
Important: Always verify your margin availability before placing a conversion request to avoid rejection.
Last updated: 02 Sep 2025