Can one convert Nifty choices to MIS and NRML and vice-versa ?
Zerodha imposes restrictions on the identical. Many Different brokers don’t have such restrictions.
assist.zerodha.com
The right way to convert MIS to CNC/NRML and vice versa?
The right way to convert MIS to CNC/NRML and vice versa?
Because of broker-level OI (Open Curiosity) restrictions from SEBI, Zerodha doesn’t permit choice purchase place conversion from MIS to NRML and shows this error: Place conversion from MIS to NRML isn’t allowed for index choice purchase positions.
However one can convert from regular to MIS
marketghalib:
Because of broker-level OI (Open Curiosity) restrictions from SEBI, Zerodha doesn’t permit choice purchase place conversion from MIS to NRML and shows this error: Place conversion from MIS to NRML isn’t allowed for index choice purchase positions.
How does OI restrictions have an effect on conversion from MIS to NRML ? I can merely exit my MIS place and take a NRML place and affect OI which isn’t restricted and therefore am unable to grasp this logic. Please throw some mild.