How long am I allowed to keep debit in MTF without positions?
If you have no funded stock positions in your MTF account but have a debit in MTF ledger, then such debits may be due to unpaid charges and/or booked loss on your MTF trades. All such unpaid charges or booked loss must be cleared within 1 working day from the date of closing your final MTF position. If not cleared within 1 working day then Tradeplus reserves the absolute right to a) adjust the debit from cash collateral, if any, by transferring funds from collateral account to MTF ledger and or b) transferring funds from NSE CM segment, if any, to MTF ledger and or c) liquidate your MTF collateral stock to adjust the unpaid charges and/or MTF trade losses.
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