Can I convert the product type of my hedged position on Tiqs?

Yes, it is possible to convert the product type of your hedged position on Tiqs trading platform. You can convert the product type from MIS (Margin Intraday Square-off) to NRML (Normal) and vice versa, but you have to do it one leg at a time. This means that if you have a multi-leg hedged position, you'll have to convert each individual leg separately. It's worth noting that this conversion may result in an increase in the margin requirements, so be sure to check the margin requirements before making the conversion.

For Ex: You own Nifty Long Futures and Nifty Short Call options. This is a hedging strategy.

You now want to convert the position and take advantage of the margin benefit. You cannot convert either of the positions in this case, i.e., you cannot convert only the Long Future or only the Short Call position. The margin will only increase if one of the positions is converted. To obtain the margin benefit, you must convert both positions into the desired product type.