Large Order Slicing
When large order slicing get active in F&O?
Order slicing automatically gets active when the order qty exceeds the exchange’s maximum limit for single order.
For example, in the case of NIFTY, the maximum allowed qty per order is 1800. So if we will place order above 1800, the system will automatically slice the order into multiple of smaller orders to ensure smooth execution as per exchange limits.
In case if Order qty is not in the multiple of Minium order qty ( lot size) then at that time will show user a Error message “ Please inter order Quantity in the multiple of defined Lot size”