How to convert MIS to CNC/NRML and vice versa?
Jainam Broking Limited
Last Update 2 yıl önce
To convert MIS to CNC/NRML and vice versa, you can open the ‘Positions’ tab in SPARK. Click on the ‘Instrument”’ button and click on convert.
Also please note in the case of a hedge position, all the legs should have the same product type( MIS or NRML).
For example if you're executing the call spread (Buying near strike price and selling far strike price), then both the legs' product type should be the same, it could be either MIS or NRML.
Buying one CE in MIS and selling one CE in NRML will not be considered a hedge position and it will require more margin.