What is the benefit of using Order Slicing?
Order slicing is a way to break down a large order into smaller parts to make it easier to manage and execute. Order slicing helps traders and investors reduce the impact of their large trades on the market, making it less likely to cause big price changes. It also helps with risk management and achieving better execution prices. It involves dividing a big order into smaller portions or slices that are traded gradually over time or based on specific conditions.
Key Features of Order Slicing:
• Order slicing feature can be used for your NSE F&O trades on Arihant Plus.
• It automatically divides F&O orders that breach the freeze limit into multiple smaller orders.
• Since each slice is a separate order, the brokerage is charged separately for each order.
• You can create up to 16 slices of maximum freeze quantity making trading in large quantities a breeze.
• Order slicing is not supported during pre-open & post-market sessions or for AMO orders.
• This feature is available on the Arihant Plus mobile app and web trading platform.
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