What product types can I use to place orders in Fyers?
There are various kinds of traders in the market having their styles and trading methods. Therefore, in order to meet all the their requirements, we provide you with multiple options on the order window. Majorly, they are divided into two types:
1. Trade: Trade is an intraday product in which both the Buy and Sell-side of the transactions happen on the same day. There are 2 Sub-Products of Intraday that can be placed in FYERS.
a. Cover Order (CO)
b. Bracket Order (BO)
2. Positional: Unlike Trade, only one side of the transaction will happen on a particular date and the other side will occur on a future date.
Invest - Invest is a product type for Equity Delivery and for taking overnight carry forward positions in F&O, Currency, and Commodities.
Note: All the Intraday/BO/CO positions will be squared-off 15 minutes before the market's closing.
Can I place market orders for commodity options on FYERS?
At FYERS, placing market orders in the MCX Options segment isn't feasible. Given that commodity derivatives, especially Options, witness low trading volumes in India, many of these options contracts are illiquid. Permitting market orders can ...
Can I use the options premium received to place new orders in F&O?
When you sell options contracts, the premium received can indeed be used to place new orders for option buying. However, it's essential to understand the specific conditions under which this can be done. Let's illustrate with an example: If Mr. X ...
How can I place orders in the illiquid stocks in Fyers?
Placing a market order in illiquid stocks can be very risky as there might be a massive difference in the Bid & Ask price of the stock that might lead to freak trades. Therefore, it is always recommended to place a limit order where the order will be ...
Which product option should i select on FYERS to extend my F&O contract until its expiry?
To hold an F&O contract position beyond the day, opt for the 'Invest' product on FYERS. Note: Any order of F&O contract placed under 'Trade' will be squared-off as per the intraday timings.
What is GTT? Can I place a GTT order in FYERS?
Good Till Trigger (GTT) is an order type where you can set a Target or Stop-Loss, remaining valid for up to one year from its placement. In essence, you determine a price to Buy or Sell a particular scrip, and this order remains active until that ...