Chittorgarh.com Logo
Loading...

What is client mode in ICICIDirect?

ICICIdirect Account Opening

ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now

When placing an Intra-day buy order, ICICI Customer can choose from two square-off modes; broker and client mode.

Under client square off mode, all unexecuted Margin Buy orders and Margin Buy positions are not be cancelled/squared off by ICICI Direct during by the end of the day. These orders or positions stay in the system for up to 365 days. The responsibility to square off such positions remains with the client.

Under Broker square off mode, all unexecuted Margin Buy orders are cancelled and Margin Buy positions are squared off by the broker at the end of the day.

Note that the client mode is only available for the Intraday Margin Buy Orders.

 

Open Instant Account in 15 Minutes Open Instant Account - Start Trading Today

 



Comments

Add a public comment...