What Are the Intraday Square‑Off Timings at FYERS?

What Are the Intraday Square-Off Timings at FYERS?

Intraday positions must be closed before the applicable square-off time to avoid unintended overnight risks. FYERS initiates automated square-off through Risk Management System (RMS), and the cut-off time varies depending on the segment.

Intraday square-off timings will apply to Closing Auction Session (CAS)-eligible equity stocks, non-CAS equity stocks, and Futures and Options contracts.

Intraday Square-Off Timings by Segment

SegmentApplicable Stocks / ContractsIntraday Square-Off Time
CAS EquityCash-market stocks with F&O contracts3:05 PM
Non-CAS EquityCash-market stocks without F&O contracts3:20 PM
Index and Stock F&OIndex and Stock Futures and Options3:25 PM*
Non-Agri CommoditiesCrude Oil, Gold, Silver, and other supported non-agricultural commodities11:20 PM / 11:45 PM**

Commodity timings may vary due to US Daylight Saving Time adjustments.

Close your positions before the applicable square-off time to reduce the risk of execution delays, slippage, or additional square-off charges.

FYERS will initiate the intraday square-off for CAS-eligible equity stocks at 3:05 PM. After this time, only CNC orders will be allowed in these stocks.

For complete information about CAS timings, eligible stocks, supported order types, and the revised trading schedule, refer to the Closing Auction Session notice

Notes

  • Currency trading is currently unavailable as per regulatory guidelines. refer to the Notice Board
  • Agri commodities are not available for trading as per our risk policies.
  • During special sessions or unusual market conditions, square-off timings may be adjusted for risk management.

Why Does FYERS Initiate Intraday Square-Off Early?

  • To avoid settlement complications by exiting before exchange deadlines.
  • To ensure timely margin reconciliation and risk monitoring.
  • To protect clients from unintended overnight exposure.

What If...

ScenarioSolution
I do not close my intraday position manually.FYERS RMS will attempt to square off the position after the applicable cut-off time. Execution is subject to market liquidity, and slippage and square-off charges may apply.
I hold an Intraday position in a CAS-eligible equity stock.FYERS will initiate automated square-off from 3:05 PM. Only CNC orders will be allowed thereafter.
I hold an Intraday position in a non-CAS equity stock.The existing intraday square-off time of 3:20 PM will continue to apply.
I hold an intraday Index or Stock F&O position.FYERS will generally initiate square-off from 3:25 PM. The timing may be extended up to 3:30 PM depending on market volume and operational requirements.
The market is highly volatile or illiquid.Automated square-off may be delayed, partially executed, or completed at a different price based on available liquidity.
I want more control over the exit price and timing.Close the position manually before the applicable intraday square-off window begins.

For complete information about CAS timings, eligible stocks, supported order types, and the revised trading schedule, refer to the Closing Auction Session notice .