Market Price Protection (MPP) orders are now live for BSE Futures and Options, converting market and SL-Market orders into protected limit/stop-limit orders for safer execution.
Price stability: Protects your trades from extreme price fluctuations during execution.
Confidence in trading: Enables you to place market orders with assurance that prices won’t stray drastically.
Improved execution: Aligns trade execution with exchange-defined price limits for fairness.
Simplified process: Automates price protection, reducing manual intervention.
Enhanced control: Sets a predefined range to manage execution risks effectively.
The MPP feature is automatically applied to all market orders for BSE futures and options contracts. No additional setup is required. Just place a market order, and the system will handle the rest.
For more details, refer to our support article.