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What is CTD in ICICI Direct?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

'Convert to Delivery' (CTD) in ICICIDirect is an option wherein you can convert your intraday positions (margin buy) into a cash delivery. You can convert the entire order or a part of it. You need to pay the entire trading value (100% margin) while converting the order.