General

What are Execution Algorithms?

Execution Algos are automated programs designed to execute orders based on predefined instructions. These instructions consider various parameters such as time, price, volume, or a combination of these factors. In simple terms, Execution Algos enable automated trading using systems with predefined trading strategies.

Why should we use Execution Algos?
Execution Algos leverage computing resources to provide speed and accuracy, benefiting the user. They enhance consistency, eliminate emotional biases in trading, and make trading more user-friendly. Ultimately, they help ICICI Direct customers execute trades more efficiently.

Who can use Execution Algos?
All ICICI Direct customers with a trading account can use Execution Algos. Customers can access Execution Algos through the ICICI Direct Super app or the ICICI Direct website.

Which segments support trading through Execution Algos?
Customers can use Execution Algos to place orders in the Equity and Derivatives (Futures & Options) segments.