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Margin Funding (MTF) Pay Later

Margin Funding (MTF) Pay Later

What is trigger price in MTF? What if stock price falls below trigger price?

Every position taken by you in MTF will have a trigger price. The trigger price is calculated based on the initial margin price at which you bought the stock.
When the price of the stock (LTP) falls below the trigger price, system will check for any idle funds allocated to equity. If no funds are present, it will automatically start to square off the MTF position in the stock.