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 beneficial right here.
That’s as a result of whenever you do exit all, all of the orders are submitted to alternate 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 cause, 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 characteristic, I believe it really works simply midway by way of.
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 characteristic, I believe it really works simply midway by way of.
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 referred to 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 consider that Exit button simply exits the positions prime to down in the identical order.
After I create an Iron Condor place, I create a basket wherein I add brief positions first after which lengthy positions after them, as this provides me the minimal quantity in ‘Required Margin’. However once I see positions in Positions tab, this order isn’t maintained. If this ordering is mounted, robotically brief positions get squared off first and we’d not have this downside proper?
Additionally, the opposite level stays open – ought to I be frightened about these margin name alerts? Do they hurt / price me in any approach on this case?
paekut:
After I create an Iron Condor place, I create a basket wherein I add brief positions first after which lengthy positions after them, as this provides me the minimal quantity in ‘Required Margin’. However once I see positions in Positions tab, this order isn’t maintained. If this ordering is mounted, robotically brief positions get squared off first and we’d not have this downside proper?
@Ananth @MohammedFaisal can we verify on this? Does it assist in any approach?
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One other resolution may very well be to offer person an choice to re-order positions by drag-drop earlier than hitting the Exit button. Perhaps this solves for different use instances as nicely.
Pleased to get on a name on this. Have served as a Head of Product, completely satisfied to assist that approach as nicely, if wanted.
nithin:
After I create an Iron Condor place, I create a basket wherein I add brief positions first after which lengthy positions after them, as this provides me the minimal quantity in ‘Required Margin’. However once I see positions in Positions tab, this order isn’t maintained. If this ordering is mounted, robotically brief positions get squared off first and we’d not have this downside proper?
@Ananth @MohammedFaisal can we verify on this? Does it assist in any approach?
paekut:
One other resolution may very well be to offer person an choice to re-order positions by drag-drop earlier than hitting the Exit button. Perhaps this solves for different use instances as nicely.
We’ll overview feasibility of implementing this. A re-order of positions needs to be attainable.
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@nithin May you presumably enable re-ordering of open positions so whereas exiting we don’t get margin name alert?
If this isn’t possible, may you presumably enable making a basket from open Positions tab by choosing related positions. Basket already has re-arrange characteristic, so that may assist in creating exit basket.
In any other case to keep away from margin name alert we have now 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 characteristic.
Thanks for the response @MohammedFaisal . Any ETA?
After 2 years, any replace on this?
