What does Market Order mean?
Consequently, a ‘MARKET’ is an order to buy or sell a security instantly. This type of order guarantees that the order will be executed but does not guarantee the price it will get executed at.
Usually, a market order will get executed near the current bid or ask price, however, it is important for investors to remember that the last traded price is not necessarily the price at which the order will be executed.
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Can I place Market Cash orders with VTD order validity?
Yes. Cash orders with VTD order validity are allowed with Market Price.
What does Limit Order mean ?
A ‘LIMIT’ order is an order to buy or sell a security at a specific price.
What do you mean by simultaneous order?
A simultaneous order can be used to place a buy/sell order for same/different scrips. This allows a user to place two different orders using a single instruction. Only two scrips can be simultaneously placed using this order.
What do you mean by Spread Order?
A spread order is a trading strategy which involves going long (buying) in one contract whilst shorting (selling) another contract of the same or different underlying. Spread orders are normally executed in the Futures segment and look at ...
What is a primary order?
The order that is placed to create a position is called primary/fresh order. These orders are all market orders.