What does 'Slippages' mean, and how can I minimise it using basket orders?

Slippage is the difference between the price you expect for an order and the price at which the order actually executes. It usually happens when prices move quickly, market depth is low, or orders are placed during volatile market conditions.

At FYERS, Basket Orders can help reduce slippage for multi-leg strategies by allowing you to send related buy and sell orders together in a fixed execution sequence.

Using Basket Orders to reduce slippage

All legs are sent together: Hedge and exposure legs are placed as part of the same basket, helping reduce legging risk.
Execution follows a fixed order: In a basket, buy legs are executed first, followed by sell legs.
Better price control: You can use Limit orders for price-sensitive legs to control the execution price.
Faster repeat execution: Saved or cloned baskets help you act quickly when market conditions match your strategy.

To learn how to create and execute a basket, Click here

Basket execution order is fixed. Buy legs are executed first, followed by sell legs.

Multiplier in Basket Orders

The Enable Multiplier option multiplies the quantity of every eligible leg in the basket. When you change the multiplier, Funds Required updates automatically based on the revised quantities.

Before executing the basket, always review the updated quantities, order types, prices, and funds required.

What if...

Scenario	Solution
A leg is slipping more than expected	Change that leg to a Limit order or revise the acceptable price. Keeping related legs in one basket can help reduce execution mismatch.
You need to place the same strategy with a larger quantity	Use Multiplier to scale all eligible legs together, then review the updated funds required before execution.
One leg is rejected	Check for insufficient funds, price band restrictions, invalid order details, or freeze quantity limits. Edit the rejected leg and execute again.
You want to reuse the same setup later	Save or clone the basket, then review prices, quantities, and order types before placing it again.
A Limit order does not execute	The market may not have reached your limit price. You can modify the price or wait, depending on your strategy.

Last updated: 29 Jun 2026