Why my Carry forward positions (Product type NRML) get squared off?

Flattrade Risk Management Systems (RMS) can square off your Carry forward positions the moment when the margin shortfall exceeds 120% ( i.e  20%) of the required margin in the case of derivative and cash positions.

If only equity position is taken, then your carry forward position(CUSA) will be squared off when your pledge collateral cover (after applicable haircut) or cover debit is below 110% or as per our credit coverage policy.