What is 'Intraday' option in FYERS?

What is 'Intraday' option in FYERS?

The 'Intraday' option in FYERS allows you to place buy and sell orders that must be squared off within the same trading day. It applies to both equity and derivatives segments.

Key points:
  • Use 'Intraday' if you plan to buy and sell stocks or contracts within the same trading day.
  • Positions must be squared off before market closing.
  • If you do not square off manually, positions will be closed by admin square-off.
  • Admin square-off starts 15 minutes before market closing.
Web: Select 'Intraday' from the product type dropdown in the order window when placing your order.



App: In the order window, choose 'Intraday' as the product type before placing your order.



For holding positions beyond a day, refer to this article on the 'Overnight' option.

Notes:
  1. Orders placed under 'Intraday' are subject to automatic square-off if not closed by you.
  2. This option is available across equity and derivatives segments.