Can I do BTST with MTF, and will I get the sell credit when I sell the next day?
Yes, you can execute BTST (Buy Today, Sell Tomorrow) using the MTF product type. Here’s what you need to know:
Sell Credit: When you sell the shares the next day, the sell credit is received and can be used across all trading segments on the same day.
Interest Charges: Interest is levied for one day on BTST positions funded through MTF. The interest accrues until the position is squared off.
Profit Availability: Any profit from the BTST trade will be credited and available on T+1 day after the transaction.
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