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