Auto-settlement of expired F&O contracts in MProfit

Modified on Wed, 16 Aug 2023 at 04:17 PM

The F&O Auto-settlement feature in MProfit enables you to auto-settle expired stock options and bulk-settle other F&O contracts across all your portfolios.

If you use the auto-settlement feature, MProfit will automatically create & import settlement entries for all expired stock option contracts across all your portfolios.

Learn how to navigate this process with our step-by-step guide:

Step 1: Access the F&O Auto-settlement feature

To begin the auto-settlement process, follow these steps:

Click on Tools in the menu located at the top left.
Select F&O Auto-Settlement from the dropdown options

Step 2: Select Contract Type and Mode

There are two options for contract types: Stocks F&O and Other F&O. Depending on your selection, follow the appropriate steps:

For Stocks F&O:

Choose Stocks F&O as the contract type.
Select the Auto mode for the settlement process.
Specify the period for which you want to settle all expired options.
If you also want to settle future contracts, select Futures (Note: Future contracts will be in a moderated mode).
After making the selections, click Continue.

For Other F&O (if you wish to settle MCX and Currency F&O):

Choose Other F&O as the contract type.
Then click Continue.
An Excel file with now be generated with all outstanding contracts. Download this file.
In the file, you can choose which contracts you wish to settle by changing the value under Column A to Yes.
If you wish to update the settlement price for any contract, you can do so under column H.
Once you have updated the file, you can upload it back to MProfit and click Upload & Continue.

Step 3: Preview and Confirm Settlement

Before completing the auto-settlement process, you can preview the settlement entries.

The system will generate a preview of the settlement based on the uploaded file.
Review the data to ensure that the details are accurate.
Once reviewed, click Confirm Import to proceed.

By following the steps above, you will have completed the F&O auto-settlement process.

If you need to undo the F&O Auto-Settlement process:

In case you need to undo the entire auto-settlement process for any reason, follow the steps below:

Go to Import in the top navigation.
Click on the Import Log.
Go to the Completed tab to find the auto-settlement import that you wish to undo.
Locate the auto-settlement import in the Completed list and click Undo.
This will open a window with the settlement entries for your review. At the bottom right of the window, click Undo Import.

Need help?

If you have followed the steps above but are unable to Auto-settle expired F&O contracts in MProfit, contact our support team and we will be happy to guide you with your MProfit setup.

Auto-settlement of expired F&O contracts in MProfit

The F&O Auto-settlement feature in MProfit enables you to auto-settle expired stock options and bulk-settle other F&O contracts across all your portfolios.

If you use the auto-settlement feature, MProfit will automatically create & import settlement entries for all expired stock option contracts across all your portfolios.

Learn how to navigate this process with our step-by-step guide:

Step 1: Access the F&O Auto-settlement feature

To begin the auto-settlement process, follow these steps:

Click on Tools in the menu located at the top left.

Select F&O Auto-Settlement from the dropdown options

Step 2: Select Contract Type and Mode

There are two options for contract types: Stocks F&O and Other F&O. Depending on your selection, follow the appropriate steps:

For Stocks F&O:

Choose Stocks F&O as the contract type.

Select the Auto mode for the settlement process.

Specify the period for which you want to settle all expired options.

If you also want to settle future contracts, select Futures (Note: Future contracts will be in a moderated mode).

After making the selections, click Continue.

For Other F&O (if you wish to settle MCX and Currency F&O):

Choose Other F&O as the contract type.

Then click Continue.

An Excel file with now be generated with all outstanding contracts. Download this file.

In the file, you can choose which contracts you wish to settle by changing the value under Column A to Yes.

If you wish to update the settlement price for any contract, you can do so under column H.

Once you have updated the file, you can upload it back to MProfit and click Upload & Continue.

Step 3: Preview and Confirm Settlement

Before completing the auto-settlement process, you can preview the settlement entries.

The system will generate a preview of the settlement based on the uploaded file.

Review the data to ensure that the details are accurate.

Once reviewed, click Confirm Import to proceed.

By following the steps above, you will have completed the F&O auto-settlement process.

If you need to undo the F&O Auto-Settlement process:

In case you need to undo the entire auto-settlement process for any reason, follow the steps below:

Go to Import in the top navigation.

Click on the Import Log.

Go to the Completed tab to find the auto-settlement import that you wish to undo.

Locate the auto-settlement import in the Completed list and click Undo.

This will open a window with the settlement entries for your review. At the bottom right of the window, click Undo Import.

Need help?

If you have followed the steps above but are unable to Auto-settle expired F&O contracts in MProfit, contact our support team and we will be happy to guide you with your MProfit setup.