Why is my Pay Later (MTF) position not reflecting?

Modified on Fri, 9 Jan at 2:52 PM

Multiple scenarios might lead to your Pay Later (MTF) position not reflecting on your position Tab. 

Funding Amount changes: 

The funding amount is based on the VAR margin defined by exchange. This keeps on changing. If the VAR margin % is increased, then the m. Stock funding value also changes. In some cases, the funding value from m.Stock can go down to 0. You will then have to sustain the entire position value, i.e., 100% funding would have to be from your end. In this scenario, Risk Management System (RMS) will convert your position to delivery and the position value will be recovered from your ledger. In case of insufficient funds, your ledger will go into debt. Therefore, if your Pay Later (MTF) position is not reflected, check your portfolio instead of the Position tab. 

Corporate Action/Scrip group changed to T2T: 

In case of corporate action, you will receive an email from m.Stock to inform you about the effect of the corporate action. Your position will be squared off if the suggested action is not taken within the timeframe explained in the email communication. 