Requests placed by you will be processed the same day post 4:15 PM. Request may be rejected due to the following reasons:

A. ‘Estimated margins’ required for converting the MTF positions are less than the ‘Available margins’ in your trading account.

B. Pledged MTF quantity available is less than the conversion quantity placed in the request.

In order to avoid rejections, it is recommended to maintain sufficient balance for MTF positions conversions. Also, it is recommended that you do not square-off the MTF positions manually post placing the MTF conversion request.