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Revision in trading policies for trading in equity derivatives segments

Fyers Web
Revision in Internal Policy
04 November '2023
06:00 PM

Kindly note that there has been a change in our trading policies for trading in the equity F&O segments. As a result, the following points are applicable:

  • Market orders will be allowed exclusively for contracts with current week and current month expiries. This means you can use market orders for these contracts without any restrictions.
  • For contracts with expiries beyond the current week and month, including next week/month expiry and far week/month expiry contracts, you will be required to place limit orders. Please be sure to set your price limits when trading these contracts.

Note: Market orders will not be allowed due to frequent illiquidity in the market. To protect users from adverse execution caused by illiquidity, market orders are being converted to MPP-based limit orders.

These changes are designed to streamline our trading procedures and ensure a more controlled and efficient trading experience.

 

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