How to check the margin required in the basket order?
The 'Margin Required' feature enables you to find out how much margin is required to place an order in a particular basket.
For instance, Mr. Kali, a client of FYERS, wishes to place a Bank Nifty Bear Call Spread Options Strategy in basket order for hedging purposes. However, he's not sure of the margin required. Therefore, he can use the said feature to plan his funds and place the basket order. Refer to the GIF below to understand how Mr. Kali found out the overall required margin for the said strategy:
As you can see the consolidated margin required will be displayed at the bottom of the basket order window. Similarly, you can check the margin required for any trading strategies or bulk orders placed using this feature.
How do I place a basket order to get the order level hedge benefit?
Placing a basket order is simple but the orders are to be placed in the sequence of the scrips added in the Basket. In order to get the order level hedge benefit, you have to add the Lower Margin order to the basket first and then add the Higher ...
How to place Basket Orders on FYERS Web?
Basket order is a feature with which you can place multiple orders at one go. This feature helps in making use of various opportunities in the market efficiently and also helps in avoiding slippages. Now, let’s go through the step-by-step procedure ...
Can I place a Basket Order with Bracket Orders?
Yes! You can place Bracket orders using the Basket order feature available in FYERS. This feature allows you to trade efficiently and avoid slippages (refer to this article). You can place up to 10 orders at a time through basket order.
What is meant by Slippages and how can I avoid them?
Slippages refer to a situation in which a trader’s order placed is executed at a different price than he initially intended. This happens when placing market orders as there is an ever-changing Bid/Ask in these highly volatile markets. Slippages ...