Hi, I wanted to know if I can get a list of stocks for which AO provides MTF along with the the margin details.
Hi @thestrategist Currently, we don’t have a list but we will be launching MTF product page soon, it will have MTF stocks discovery there!
Hi Team,
I have few questions around MTF:
“Your app mentions about pledging in favour of Angel One, between 5.30 PM - 9 PM, else shares will automatically be sold off after some T+5 or T+6 days”
- Settlement happens on T+1 day. That means, stocks get deducted from seller’s demat account on T+1 day and gets credited to buyer’s demat account on T+1 day. Now, if a buyer doesn’t have stocks on then T-day, how can he/she pledge something which is not even there? What exactly is happening here?
- Why can’t I authorise just after the trade during market hours? It’s easy for a user to immediately authorise, otherwise there is a tendency to forget. Why after 5.30 PM? Is there a logic for after market hours? Similarly why before 9 PM? What’s the reason behind such stringent timelines?
- else shares will automatically be sold off after some T+5 or T+6 days - why T+5 or T+6 days, why not earlier or after? What’s the reason here?