How does ‘Convert to Delivery’ impact the funds in my account?

How does ‘Convert to Delivery’ impact the funds in my account?

Once an investor chooses to convert a ‘BUY’ intraday position, 100% of the cash transaction value is blocked from his/her account. In case the investor decides to convert a ‘SELL’ intraday position, then the funds blocked for the position will be released, and the equivalent quantity of the transaction value is blocked in his/her Demat account.

In case of the F&O segment,  if a trader decides to convert his Intraday position, the margin required for the delivery position will be blocked accordingly.  

    • Related Articles

    • What does ‘Convert to Delivery’ mean?

      Convert to delivery is an option for the traders to convert the intraday open position to a cash segment transaction. Once the trader chooses to convert his transaction to delivery, then he is obligated to make a settlement for the transaction on T+1 ...

    • What happens if losses exceed funds in your account?

      It's critical to manage your positions to prevent scenarios where losses could surpass the funds in your account. If this occurs: Immediate Obligation: The client must settle the outstanding dues promptly. Consequence of Non-Payment: Delay in ...

    • What is Running Account Settlement/Quarterly Settlement?

      To safeguard the interest of the investors & traders, SEBI mandated all the brokerages to reverse the idle funds from the Client’s trading account to their bank account. This process is called Quarterly Settlement/Running Account Settlement and it is ...

    • How to make modifications to my account?

      Check out Manage your Account and Account Opening section for more details. Below are some of the FAQs with regards to account modifications: How do I change or update the Email/Mobile Number at Fyers? How do I change or update the address in KYC? ...

    • What is Margin trading?

      In a normal transaction, to buy shares you need 100% of the value in cash and to sell shares you need 100% of the quantity available in your Demat account. With margin trading, you use leverage on your available funds or securities to trade positions ...