Once you receive a notification from Upstox at the end of the trading (T) day, you need to authorise your trade on CDSL. You have time until 7:00 PM on the same day to complete the authorisation. For instance, if you place a trade on Monday, you can authorise it until Monday 7:00 PM.
If you do not authorise your MTF trades before 7:00 PM of the same day, we will convert your MTF trade to a Delivery trade at the end of the next trading day, and it will start reflecting under your Holdings from T+1 day.
Terms & Conditions Apply:
RIGHTS & OBLIGATIONS OF STOCK BROKERS & CLIENTS FOR MARGIN TRADING FACILITY (MTF) - NSE & BSE