Yes, you can place BTST (Buy Today, Sell Tomorrow) Trades using MTF.
In a BTST trade, you buy shares today and sell them the next trading day without waiting for settlement. This strategy is useful when traders expect a short-term price increase.
However, since MTF involves leverage, traders should be aware of the following:
- Interest charges may still apply for holding MTF positions overnight.
- If the stock price drops significantly, the Risk Management System (RMS) May Square Off the Position if required margins are not maintained.
- BTST trades in MTF may be subject to Additional Margin Requirements based on market conditions.