What Is OCO In Zerodha?

Can we cancel GTT in Zerodha?

GTT in Zerodha stands for Good Till Triggered orders.

The orders placed under GTT gets executed anytime within 1 year when the set price is reached.

GTT can be placed for both buy and sell orders and can be canceled at any time..

Does Zerodha charge for converting MIS to CNC?

You will be allowed to convert MIS positions to CNC/NRML only if you have sufficient margins in your account. You can check the margin calculator to know how much extra margin you’ll need to have to convert to CNC/NRML. To convert MIS to CNC/NRML and vice versa, open the ‘Positions’ tab in Kite.

How can I use GTC order in Zerodha?

Can I place GTC orders on Kite?The Good till triggered (GTT) feature works like an order that is active until the trigger condition is met. … Single trigger- You can place a single trigger where the order is placed at the exchange when the trigger price matches or breaches the LTP.More items…

What is trigger price in OCO?

When a trader places an OCO order with a limit price & stop loss trigger price, the order is first considered for matching at the limit price like a regular limit order. If this order gets fully executed into a trade, system auto cancels the stop loss trigger price part of the OCO order.

Is Alice blue better than Zerodha?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Alice Blue. Zerodha is rated 4.5 out of 5 where Alice Blue is rated only 4 out of 5.

What is triggered in Zerodha?

Trigger Price in Zerodha can be executed through any of the trading platforms offered by Zerodha, a leading discount stockbroker in India. … Trigger price is the price mentioned by a trader at which the stock exchange (for instance BSE, NSE etc) makes an order for buy or sell active for execution.

What is OCO sell in Zerodha?

Sell GTT – OCO (One Cancels Other): This order will be executed if you have the stock in your demat account and a buyer is available. The other trigger is cancelled when one is hit.

What does OCO mean in trading?

one-cancels-the-other orderA one-cancels-the-other order (OCO) is a pair of conditional orders stipulating that if one order executes, then the other order is automatically canceled. An OCO order often combines a stop order with a limit order on an automated trading platform.

Is GTT in Zerodha free?

All Zerodha GTT orders are free for the first 3 months. This is an introductory offer, hence you can place GTT orders for free during this specified tenure.

Why OCO orders are blocked?

BO and CO are blocked in stock options as they lack liquidity and are very volatile. BO and CO are blocked in currency options because they are already highly leveraged and allowing more leverage on it is highly risky to you as clients and us as brokers.

What is Co and OCO?

Here, AMO stands for “After Market Order”, “CO for Cover Order” and OCO for “One Cancels the Other order”. AMO is a special order that can be placed before and after the market hours i.e. before the market opens – between 4 am and 9 am & after the market closes – between 6:30 pm and 12 am.

What are the hidden charges in Zerodha?

Zerodha brokerage hidden charges include call & trade charges, position squared-off by broker and SMS trade alerts as explained below: Call and Trade feature is available at an extra cost of ₹50 per call. Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.

How do you use OCO?

How to use OCO orders? After logging in to your Binance account, go to the Basic Exchange interface and find the trading area as illustrated below. Click on “Stop-limit order” to open a dropdown menu and select “OCO.” On Binance, OCO orders can be placed as a pair of buying or selling orders.

Does Zerodha charge for Cancelled orders?

No, Zerodha doesn’t charge brokerage or any other fees for canceled orders. If for some reason you cancel your orders, you won’t be charged any fees.

What is TRG order?

Wait trg. Order processing is pending until its triggering order is filled. Rules of order triggering are set in the Advanced order list of the Order Entry dialog. Wait cond. Order processing is pending until the specified market condition is true.

What is validity in Zerodha?

Validity in Zerodha Kite means the time till an order placed is valid. There are options like Day orders (valid till the end of the day), Immediate or Cancel orders and GTT (Good Till Triggered orders).

Can I cancel a stock order?

Investors may cancel standing orders, such as a limit or stop order, for any reason so long as the order has not been filled yet. Limit and stop orders may stand for hours or days before being filled depending on price movement, so these orders can logically be cancelled without difficulty.