RMS Enhancement for MIS Trading in Cash Market Segment – Effective 18th May 2026
We would like to inform you about an important enhancement to our Risk Management System (RMS) framework applicable to trading in the MIS (Margin Intraday Square-off) product.
Currently, all open MIS positions are automatically squared off approximately 15 minutes before market close as part of existing safeguard measures and product functionality.
Further to this, an additional RMS control feature is being introduced for the Cash Market (CM) segment applicable to non-F&O listed stocks.
🚨Effective Date: 18th May 2026
Key Enhancement
The system will generate RMS alerts when a client’s position moves unfavourably within 5% of the exchange circuit limit (DPR threshold).
Once an alert is triggered for a specific client and scrip:
• All pending orders in that scrip will be automatically cancelled
• Clients will not be allowed to increase the unfavourable position in that scrip
• Only square-off orders will be permitted until the risk condition normalizes
Objective of this Enhancement
This enhancement is being introduced to:
• Provide early warning of adverse price movements
• Prevent further build-up of risk in volatile stocks
• Strengthen overall risk management and client protection
DPR Monitoring & RMS Action Illustration
Example Details
Scrip: Glaxo
LTP: 2457.5
Exchange DPR Range:
• Low: 1981.6
• High: 2972.2
Revised RMS Monitoring Levels (5% DPR):
• Lower Trigger: 2080.68
• Upper Trigger: 2823.59
Normal Trading DPR Band (2%):
• Lower Band: 2122.29
• Upper Band: 2767.12
RMS Action Scenarios
Case 1: Price Falls to Lower Trigger (2080.68)
If the price falls to 2080.68:
• The system identifies unfavourable long positions
• RMS alert is generated
• Pending orders are cancelled automatically
• Only square-off orders are permitted
• Fresh buy orders in the scrip are restricted for all clients
Buying restrictions will be lifted only when the price moves back above the normal DPR lower band of 2122.29.
Case 2: Price Rises to Upper Trigger (2823.59)
If the price rises to 2823.59:
• The system identifies unfavourable short positions
• RMS alert is generated
• Pending orders are cancelled automatically
• Only square-off orders are permitted
• Fresh sell orders in the scrip are restricted for all clients
Selling restrictions will be lifted only when the price moves back below the normal DPR upper band of 2767.12.
Effective Date
The above changes will be implemented effective 18th May 2026.
We strongly advise all teams and clients to actively monitor positions and take timely action wherever required.
For immediate support or queries, you may contact our Customer Experience Team:
📞 Helpline No: 9240292687 (Mon to Fri : 7:30 AM – 11:30 PM | Sat : 7:30 AM – 6:00 PM)
💬 Login > X'Plore > Live Chat
📧 Email: letstalk@blinkx.in
