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 prevailing market price. If he does not want to disclose his order size to the market, he can set the disclosed quantity to 1000. As soon as his 1000 shares are executed, the next order will automatically be sent to the market. This process repeats until all he has purchased 100000 shares.
What is freeze quantity?
Freeze quantity is the maximum quantity that you can place per order. Freeze quantity is set by the exchange and is applicable for Equity F&O. If you place an order above the freeze quantity, your order will be rejected along with the reason stating ...
What is the Freeze quantity for currency derivatives?
There are 4 currency and 3 cross-currency derivatives contracts through which you can trade in forex markets. The Freeze Quantity for all these contracts is set at 10,001 lots per order. Therefore, if you place an order of more than 10,001 lots in a ...
How to exit my order partially?
Once the order is placed and your desired P&L is attained, you can Exit/Square-off using the ‘x’ option on the chart as shown below: However, if you want to partially exit the open position/s, the above-mentioned method doesn’t apply as the whole ...
What is order slicing and how to enable the feature?
Order slicing is a feature that allows you to trade large orders without affecting the market price or placing multiple orders manually. It automatically splits your orders into smaller chunks based on the freeze quantity of the instrument you are ...
Why does my order get split into multiple trades?
When you place an order on FYERS, you may notice that it gets executed in parts at different prices and times. This is called order splitting, and it happens because of various factors that affect the order matching process on the exchange. Some of ...