Requests placed by you will be processed the same day after 4:15 PM. However, requests may be rejected for the following reasons:

  1. The 'Estimated margins' required for converting the MTF positions are less than the 'Available margins' in your trading account.
  2. The pledged MTF quantity available is less than the conversion quantity placed in the request.

To avoid rejections, it is recommended to maintain a sufficient balance for MTF position conversions. Also, it is advisable not to manually square off the MTF positions after placing the MTF conversion request.