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 day.
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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 ...
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 ...
What is Margin Amount in Trading?
To trade in Futures and Options segments, a small upfront amount is required. Brokerages provide the leverage on this margin amount as per their policies. Margin amount is the minimum percentage of the total transaction value which is required in ...