{"id":26203,"date":"2026-04-01T04:28:37","date_gmt":"2026-04-01T04:28:37","guid":{"rendered":"https:\/\/www.samco.in\/help-support\/?post_type=ht_kb&#038;p=26203"},"modified":"2026-04-01T04:28:52","modified_gmt":"2026-04-01T04:28:52","slug":"what-are-mis-and-nrml-orders-in-fo-trading","status":"publish","type":"ht_kb","link":"https:\/\/www.samco.in\/help-support\/article\/what-are-mis-and-nrml-orders-in-fo-trading\/","title":{"rendered":"What Are MIS and NRML Orders in F&#038;O Trading?"},"content":{"rendered":"\n<p>When you place an F&amp;O order on Samco, you will notice two product types &#8211; MIS and NRML. Choosing the right one determines whether your position is treated as intraday or carried forward to the next day.<\/p>\n\n\n\n<p><strong>NRML<\/strong><\/p>\n\n\n\n<p>NRML stands for Normal. When you place an order as NRML, you are taking a regular F&amp;O position that can be carried forward until expiry. You pay the full exchange-mandated margin SPAN plus exposure margin to enter the position.<\/p>\n\n\n\n<p>Use NRML when you want to hold your F&amp;O position overnight or for multiple days.<\/p>\n\n\n\n<p><strong>MIS<\/strong><\/p>\n\n\n\n<p>MIS stands for Margin Intraday Square-off. When you place an order as MIS, your position is treated as intraday and will be automatically squared off at 3:15 PM if you haven&#8217;t closed it yourself.<\/p>\n\n\n\n<p>MIS orders typically require a lower margin than NRML since the position is not carried overnight. However, as per current SEBI regulations, brokers are not permitted to offer reduced margins for intraday F&amp;O positions so at Samco, the margin requirement for MIS and NRML in F&amp;O is the same.<\/p>\n\n\n\n<p>Use MIS only when you intend to close your position within the same trading day.<\/p>\n","protected":false},"author":65,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":[],"ht_kb_category":[2849],"ht_kb_tag":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb\/26203"}],"collection":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb"}],"about":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/types\/ht_kb"}],"author":[{"embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/comments?post=26203"}],"version-history":[{"count":1,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb\/26203\/revisions"}],"predecessor-version":[{"id":26205,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb\/26203\/revisions\/26205"}],"wp:attachment":[{"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/media?parent=26203"}],"wp:term":[{"taxonomy":"ht_kb_category","embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb_category?post=26203"},{"taxonomy":"ht_kb_tag","embeddable":true,"href":"https:\/\/www.samco.in\/help-support\/wp-json\/wp\/v2\/ht_kb_tag?post=26203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}