What is Order Slicing?

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• Is there any margin changes for Order Slicing?

  No, there are no margin changes for Order Slicing, existing margin will be continue.

• How Order Slicing works, please explain with an example?

  You can refer below example to have better understanding of Order slicing: In 'BANKNIFTY' Single order quantity restriction from exchange is 2480. If you place order for 5000 quantity then system will slice your orders in 3 order as below: 1st Order ...

• Can a client convert normal order to BO (Bracket Order)?

  No, client cannot change normal order to Bracket Order.

• How client can modify normal order to stop loss order?

  Yes. If order is pending, then client can modify the order from order book.

• What does Limit Order mean ?

  A ‘LIMIT’ order is an order to buy or sell a security at a specific price.