What are Auto Square Off Charges for Intraday Positions?

What are admin square off charges for intraday positions?

Admin Square Off charges apply to Intraday positions that remain open and are not squared off by the end of the trading day. The Admin Square Off process is typically conducted between 3:15 and 3:30 PM.

The applicable charges are ₹50 per executed order, with GST of 18% applied separately, and is reflected in the ledger.

Note: You will not be able to close your Intraday trades on or after 3:15 PM, and they can be squared off anytime within this 15-minute window.

    • Related Articles

    • What are the brokerage charges for equity intraday trading at FYERS?

      For equity intraday trading, FYERS charges ₹20 per executed order or 0.03% of the transaction value, whichever is lower. For more information on charges across other segments, please refer to our Charges List or use the Brokerage Calculator.

    • What charges apply to same-day equity delivery squaring off?

      If you open and square off an overnight position on the same day, it will be treated as an intraday trade, and the applicable brokerage is 0.03% or ₹20 per executed order, whichever is lower. For overnight delivery, the applicable brokerage is 0.3% ...

    • What are the IPFT charges on NSE Trades?

      The IPFT (Investor Protection Fund Trust) charges on NSE trades safeguards investors from potential defaults by trading or clearing members. It applies to both buy and sell transactions, based on the turnover. Here’s a breakdown of IPFT charges: NSE ...

    • Which statutory charges are imposed by the government and regulatory authorities on trades?

      In accordance with the True to Label circular effective October 1, 2024, here is the updated breakdown of statutory charges (per executed order): Charge Type Equity Delivery Equity Intraday Equity Futures Equity Options Commodity Futures Commodity ...

    • What are the Clearing Member charges?

      Clearing Member (CM) charges are fees levied by the Clearing Corporation for clearing and settling trades. Clearing Members may settle trades on their own account or on behalf of clients. The charges vary depending on the exchange and the type of ...