Is there a limit on my futures order size on NSE?
Yes, the futures order has two criteria that need to be met:
1) Price Limit – In the case of stock futures, the price has to be within the range of +/-20% of the previous trading day’s closing price. In the case of index futures, the price has to be within the range of +/- 10% of the previous day’s closing price.
2) The exchange constantly updates the quantity limit for futures. You can find the blog post on Quantity Freeze Limits – What You Need To Know. It needs to be noted that the exchange may change these criterion based on volatility.
What is a limit order?
A limit order is a type of order to either buy or to sell a security at a specified price. The order will either get executed at the limit price mentioned by you at the time of order placement or would not get executed at all. If the price does not ...
How does futures trading work?
To buy or sell futures, the investor is required to place a certain percentage of the order value as margin. In futures trading, the investor uses leverage to buy or sell more of the security than what he/she could have taken in the regular cash ...
What is disclosed order quantity?
In normal orders, the entire order quantity is disclosed to the market. But order with a disclosed quantity allows the investor to disclose only a part of the order to the market. For example, Mr. X wants to buy 100000 shares of a stock at the ...
What is the effect of a limit order?
Limit orders get executed only at the specified price and will remain pending until that price is reached. Sometimes, these orders may not get executed at all.
What is a stop-loss order?
It is an order to exit an open position when it reaches a specified price. These orders are designed to limit the investor’s loss.