What is the difference between Delivery and Overnight orders in FYERS?
In FYERS, Delivery and Overnight are product types that let you carry positions beyond the trading day. However, their behavior differs based on the platform you use—whether FYERS App or FYERS Web—and the type of instrument (Equity or F&O).
On FYERS App:
- Delivery is used for Equity (Cash Segment) holdings.
- Overnight is used only for Futures & Options (F&O) positions.
On FYERS Web:
- Overnight is the default product type for both Equity and F&O.
- Delivery is not shown as a separate option. Selecting Equity with Overnight will result in a delivery-type order.
Delivery Orders (Equity)
- Used to buy/sell equity shares in the Cash segment.
- Shares are delivered to or debited from your demat account.
- Used for long-term or positional investments.
- No leverage unless MTF is enabled.
- Charges apply as per delivery brokerage.
Overnight Orders (Futures & Options)
- Used for carrying F&O positions beyond the current trading day.
- Requires SPAN + Exposure margin.
- Positions are marked-to-market daily.
- Auto-square off only on expiry if not closed earlier.
- Charges apply as per F&O brokerage and daily M2M settlement.
Key Differences
| Feature | Delivery (Equity) | Overnight (F&O) |
|---|
| Applicable Segment | NSE Cash (Equity) | NSE F&O (Derivatives) |
| Holding Style | Delivered to demat | Held as F&O positions |
| Platform Label (App) | Delivery | Overnight |
| Platform Label (Web) | Not shown separately | Overnight (used for Equity & F&O) |
| Margin | 100% or via MTF | SPAN + Exposure |
| Leverage | Optional via MTF | No leverage for overnight F&O |
On FYERS Web, Overnight acts as the default product type for both Equity and F&O positions. In contrast, FYERS App clearly separates Delivery for Equity and Overnight for F&O.
Last updated: 28 Aug 2025
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