Tradejini initiates square-offs in three scenarios:

1. Case 1If a client opens an MIS position and fails to square it off, our RMS team will automatically do so 15 min before close of market hours .
2. Case 2In the event that margin utilization exceeds 100% of the funds, the position may be squared off at any time by the RMS.
3. Case 3On the expiry day, if there are open stock options (ITM contracts) or futures positions (only stocks), and the client lacks sufficient funds or stock for physical settlement, our RMS will square off these positions.

In these cases, Tradejini reserves the right to square off positions without prior information.