I get a margin name alert each time I exit my Iron Condor place by checking on checkboxes in entrance of positions and clicking the exit place button.
Although the brokerage charged whereas this exit is 20 Rupees per leg and never 40 (which implies there wasn’t a margin shortfall anytime).
Is that this intentional? I’m not certain how a margin name alert is helpful right here.
That’s as a result of once you do exit all, all of the orders are submitted to change and in case your purchase orders(hedge) will get executed first then momentarily you might need bare promote place which triggers the margin name.
To keep away from this, exit your brief positions first after which adopted by your hedges.
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Sure, however what’s using this margin name? Actual margin calls denote actual margin shortfall proper?
And why ought to I keep away from this margin name? Any motive, particularly if brokerage doesn’t go up for me due to this?
Additionally, shouldn’t Zerodha apply it’s personal intelligence whereas sending the orders on this case? Like sending the brief squareoffs first than second? What’s using that exit function, I believe it really works simply midway by.
Have to know your perspective on this please @ShubhS9 @nithin
paekut:
apply it’s personal intelligence whereas sending the orders on this case?
Oh they’re making use of “intelligence” 
paekut:
Additionally, shouldn’t Zerodha apply it’s personal intelligence whereas sending the orders on this case? Like sending the brief squareoffs first than second? What’s using that exit function, I believe it really works simply midway by.
Have to know your perspective on this please @ShubhS9 @nithin
Ah, as a platform, we’re not allowed to use any intelligence. If we did, it could be known as an algo. 
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Okay, let’s not go into intelligence then. Let’s discuss in regards to the sorting order of look of positions in Positions tab as I imagine that Exit button simply exits the positions high to down in the identical order.
After I create an Iron Condor place, I create a basket during which I add brief positions first after which lengthy positions after them, as this offers me the minimal quantity in ‘Required Margin’. However after I see positions in Positions tab, this order shouldn’t be maintained. If this ordering is fastened, routinely brief positions get squared off first and we’d not have this downside proper?
Additionally, the opposite level stays open – ought to I be fearful about these margin name alerts? Do they hurt / value me in any approach on this case?
paekut:
After I create an Iron Condor place, I create a basket during which I add brief positions first after which lengthy positions after them, as this offers me the minimal quantity in ‘Required Margin’. However after I see positions in Positions tab, this order shouldn’t be maintained. If this ordering is fastened, routinely brief positions get squared off first and we’d not have this downside proper?
@Ananth @MohammedFaisal can we examine on this? Does it assist in any approach?
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One other resolution might be to provide person an choice to re-order positions by drag-drop earlier than hitting the Exit button. Perhaps this solves for different use instances as properly.
Completely happy to get on a name on this. Have served as a Head of Product, completely satisfied to assist that approach as properly, if wanted.
nithin:
After I create an Iron Condor place, I create a basket during which I add brief positions first after which lengthy positions after them, as this offers me the minimal quantity in ‘Required Margin’. However after I see positions in Positions tab, this order shouldn’t be maintained. If this ordering is fastened, routinely brief positions get squared off first and we’d not have this downside proper?
@Ananth @MohammedFaisal can we examine on this? Does it assist in any approach?
paekut:
One other resolution might be to provide person an choice to re-order positions by drag-drop earlier than hitting the Exit button. Perhaps this solves for different use instances as properly.
We’ll evaluate feasibility of implementing this. A re-order of positions must be potential.
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@nithin Might you probably permit re-ordering of open positions so whereas exiting we don’t get margin name alert?
If this isn’t possible, might you probably permit making a basket from open Positions tab by deciding on related positions. Basket already has re-arrange function, so that may assist in creating exit basket.
In any other case to keep away from margin name alert we’ve to create a basket manually and it’s error inclined. Simply the opposite day I ended up creating exit orders as MIS, whereas entry positions have been NRML. This resulted in open positions not getting closed, and new positions have been opened. I unnecessarily incurred 4*2 legs of brokerages and a few loss.
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Hello @Randhir ,
As defined within the replies above, we’re engaged on making modifications to this to permit extra comfort whereas utilizing the Exit positions function.
Thanks for the response @MohammedFaisal . Any ETA?
After 2 years, any replace on this?
