How long am I allowed to keep debit in MTF without positions?

If your MTF account has a debit balance in the ledger and no funded stock positions, the debit may be due to unpaid charges or booked losses from your MTF trades. These unpaid amounts must be cleared within 1 working day after closing your final MTF position. If not cleared within the stipulated time, Navia reserves the right to take the following actions:

a) Adjust the debit using cash collateral by transferring funds from the collateral account to the MTF ledger.

b) Transfer funds from the NSE CM segment, if available, to the MTF ledger.

c) Liquidate your MTF collateral stock to cover unpaid charges or MTF trade losses.

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