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Position Conversion

Position Conversion Position Conversion API is versatile tool that empowers users to seamlessly switch between NRML intraday and Short term MIS positions and vice-versa. This feature will be accessible as long as there are adequate margins or funds available in the user's account to facilitate the conversion.

Method: PUT

{{SERVER_URL}}/api/V2/orders/position/convert/

Headers

Content-Type Value
Authorization {{AUTH_TOKEN}}

Request Body: URL Encoded

Param Value
exchangeSegment The segment which represents cash, derivative, commodity, or currency market
exchangeInstrumentID The security id of the instrument
oldProductType When you're ready to make a trade, you'll come across different product codes that serve as labels for the type of trade you want to make. These product codes are like signposts guiding your trading journey:
CNC (Cash and Carry): This one is for those looking to buy or sell stocks with a plan to hold onto them for a more extended period, like traditional investing.
MIS (Margin Intraday Square-off): If your aim is to trade stocks or derivatives within a single trading day, MIS is the way to go. Just remember, positions under MIS need to be closed before the day ends.
NRML (Normal): NRML suits traders who want to hold futures, options, currencies, or commodities positions overnight. Unlike MIS, there's no rush; you've got time. Plus, these positions won't be automatically closed by the system at the end of the day.
Possible values : CNC, MIS, NRML,BO,CO,1,2,4,8,16
newProductType When you're ready to make a trade, you'll come across different product codes that serve as labels for the type of trade you want to make. These product codes are like signposts guiding your trading journey:
CNC (Cash and Carry): This one is for those looking to buy or sell stocks with a plan to hold onto them for a more extended period, like traditional investing.
MIS (Margin Intraday Square-off): If your aim is to trade stocks or derivatives within a single trading day, MIS is the way to go. Just remember, positions under MIS need to be closed before the day ends.
NRML (Normal): NRML suits traders who want to hold futures, options, currencies, or commodities positions overnight. Unlike MIS, there's no rush; you've got time. Plus, these positions won't be automatically closed by the system at the end of the day.
Possible values : CNC, MIS, NRML,BO,CO,1,2,4,8,16
isDayWise IsDayWise conversion
targetQty The quantity that you need to convert
clientID Required in case of dealer

Response: 200

{
    "description": "position convert request sent",
    "error": 200,
    "type": "success"
}