If you don’t square off your intraday F&O, Currency, or Commodity positions before the market closes, FYERS' Risk Management System (RMS) will intervene. Understanding how this works helps you avoid unwanted carryforwards, margin calls, or forced exits.
FYERS initiates the auto square-off process approximately 15 minutes before market close. This applies to intraday positions across:
The default auto square-off window is:
The RMS team may adjust square-off timings based on live risk conditions, market volatility, or client exposure. Clients are advised not to wait until the last minute to exit intraday positions.
Sometimes, positions remain open at the end of the day due to issues such as:
In such cases, FYERS will handle the position as follows:
You are. If your position is carried forward, it’s your responsibility to ensure that sufficient margins are maintained. Otherwise:
For full details, refer to FYERS’ official margin policy.
Scenario | Outcome |
---|---|
I forget to exit an intraday F&O trade | FYERS RMS will attempt to square it off automatically. |
The square-off fails due to market limit | Your position may be carried forward as a margin position. |
I don’t have funds for the carried position | RMS can liquidate the position the next day without warning. |
I lose internet access during square-off window | Use the FYERS Call & Trade desk before 3:10 PM to close positions. |
Last updated: 24 Jun 2025