Update on hedged F&O open positions
Hello, traders! We want to inform you about a regulatory requirement regarding squaring off of hedged open positions in F&O and the importance of maintaining adequate margin at all times. Here, we will cover the key changes regarding the hedging and un-hedging of your F&O open positions. These changes came into effect on October 30, 2023, on our neo platform and will be implemented on ODIN platform from November 6, 2023.
However, un-hedging your positions when there is a risk of a margin shortfall will not be possible now and your order will be rejected.