1. Mark to Market Based square off Equity ,FNO and Currency

2. Mark to Market Square off Formula of Mark to Market (MtoM) Calculation
Cash Segment
CNC Buy qty---LTP – Avg. Buy Price
CNC Sell qty --- Zero
MIS Buy qty ---- LTP – Avg. Buy Price
MIS Sell qty --- Avg. Sell Price – LTP
Position will be cut for all open position in MIS and CNC buy

3. Mark to Market Square off Formula of Mark to Market (MtoM) Calculation
Options Segment
For options buy in NRML: LTP – 0 Price
For options sell in NRML: 0 Price– LTP
If we close out CF NRML position: entire value of premium will be considered as realized Profit / Loss
For options buy in MIS: Avg. Buy Price – LTP
For options sell in MIS: Avg. Sell Price – LTP
If we close out MIS position: entire value of premium will be considered as realized Profit / Loss
All open position of Options Segment Will be square off

4. Mark to Market Square off Formula of Mark to Market (MtoM) Calculation
Future Segment
Future Buy (C/F) ----LTP – prev. closing price
Future Buy (Day) ----LTP – Avg. Buy Price
Future Sell (C/F) ---- prev. closing price - LTP
Future Sell (Day) ---- Avg. Sell Price – LTP
All open position of Future Segment Will be square off
Currency Segment (MCX SX and NSE CDS)
Same Rule will be followed as per FNO segment

5. Mark to Market Square off Formula of Calculation for Client Funds
Client Funds / Cash Margin
Cash Margin for MtoM based sqr off will be sum of below:
Ledger
Cash Collateral
Non Cash Collateral
Holding after haircut as per RMS defined
Online paying transfer – Online payout request
Credit for sell
Net Premium Present related to NRML position

6. Mark to Market Square off Square off Process
MtoM Warning Alert
System will generate the Market to Market Warning Alert at 50% Level
Incremental Warning Alert
Each incremental of 10% in Mark to Market
Position Alert
Position Alert will be generated at 75% of Mark to Market of the client funds
Cancelation of Pending Orders
System will auto cancel the pending orders once Position Alert is generated at 75% MtoM level
Auto Square off
Position will be square off after Position Alert generated by the system at 75% of MtoM level

7. Mark to Market Square off Client / Dealer Intimation Process
Intimation to Client
Client will be intimated for MtoM Warning Alerts at 50% and Auto Square off at 75%
Intimation will be sent on client at his / her registered and mobile no. with us
Intimation to Dealer
System will give the alert message on dealer terminal
Dealer Must pre-set the Display of admin message setting  to receive these alert messages
Alert message will be shown on dealer terminam at 50%,60% and 75% of MtoM level

8. Mark to Market Square off -Example
A-Client Fund
Client Funds
Omnesys Collumn
Total
Cash Margin
Notional Cash
Direct Collateral
Collateral Benefit
Online Pay in
Online Pay Out
Premium Present
Var on CNC Buy
Cr for Sell on CNC Sell
Clear & Relaised Ledger
25000
Cash and Non Cash Collateral
28000
Uncleared Cheque
12000
Unrealised Sell Value
2000
Holding _ After Haircut
80000
Pay in
10000
Payout
-20000
Premium Present-NRML open position
-16225
CNC----BUY
-26900
CNC----SELL
55000
Total Funds
40000
175775
B-MtoM
Segment
Product
Symbol
Strike Price
Option Type
Day Qty
C/F Qty
Net Qty
LTP
Buy Rate
Sq Rate
Prev day close price
Unrealsied PNL
Realised PNL
Total
Selection of Position for sqr off
NFO
NRML
NIFTY
8200 CE 25
490
350
12250
To be sqr off
8300 PE
-250
55.25
-25
109
299
257
-2725
MIS
BANKNIFTY-FUT
100
-200
-100
19500
19100
18721
-77900
-37900
BSE
RELIANCE
1050
1000
-5000
SBIN
300
268
3200
NSE
CNC
KFA
269
3100
-55
Not to Sqr off
 C-MtoM % _ Calcualtion
MtoM
Client Fund
MtoM %
175775
-68.32%

9. Thank You