What are the conditions for Entry Price?
- There should be a price gap of at least 0.5% between Last Trade Price (LTP) and Entry price of any leg of GTT.
- There should be a price gap of at least 1% between both legs of GTT if OCO GTT is being placed along with normal order.
- Relation between Entry Price and Order Price:
- Buy Side: Entry Price <= Order Price
- Sell Side: Entry Price >= Order Price
This condition is kept so that your order acts like a market order and can be successfully executed at the exchange.
Related Articles
What happens when the GTT entry price is breached?
When the pre-conditions are met, the order is placed on exchange. However, note that the trigger set is valid only once. So if the order is placed at the exchange and didn’t get execute for any reason, the GTT has to be placed again by you.
What is CMS entry ?
Post the Cheque CMS entry is made kindly check the CMS page whether the same has been accepted or rejected. If rejected, kindly refer to the reason for rejection and take corrective action and re-upload the CMS entry with valid details. While ...
What is CMS entry ?
Post the Cheque CMS entry is made kindly check the CMS page whether the same has been accepted or rejected. If rejected, kindly refer to the reason for rejection and take corrective action and re-upload the CMS entry with valid details. While ...
Why I am able to see difference between last traded price and closing price ?
The last traded price (LTP) usually differs from the closing price of the day. This because the closing price of the day is the weighted average price of the last 30 mins of trading. The last traded price of the day is the actual last traded price. ...
How can FAN do CMS Entry?
>Login to AAA (https://aaa.indiainfoline.com/login) >Go to More>Requests>Select Request Type CMS Entry>Select all the details from dropdown >Upload clear images of deposit slip and cheque copy. Submit the request to get the credit in client ledger.