Margin Funding
What is Trade-to-Trade segment (T2T)? What happens to my MTF position when stock goes into Trade-to-Trade segment (T2T)?
Trade to Trade: Exchanges move stocks to Trade-to-Trade (T2T) segment to prevent speculation and volatility of a stock. For stocks placed in this segment, Intraday trading will be prohibited and only delivery mode of transaction will be allowed.
The list of stocks moving to T2T segment are released by the Exchange.
Impact on your Position: As per our risk policy, stock in this segment cannot be held in MTF. Hence, any existing MTF positions held in the stock will have to be closed. We will inform you the time by which you can either square off your position or convert it to delivery. Post the prescribed time, your position will be closed by ICICI Direct.