What is Multi-leg Order?

Multileg order is an IOC order (immediate or cancel) with Market order.

It is two leg and three leg orders, where the client can hedge the positions, with:

1. Group 1 Nifty Options
2. Group 2: Index Futures
3. Group3: Stock F&O symbol starting A – G
4. Group4: Stock F&O symbol starting H – M
5. Group5: Bank Nifty Options
6. Group6: Stock F&O symbol starting N – Z.

The order gets rejected immediately if the price does not trade in the market. Multileg orders can be placed by selecting the products NRML/MIS, and hedge benefit will be received

Any order placed under MIS and CO & BO will automatically be squared off within half an hour before the market closes for respective exchange segments or the Intraday MTM reaches 70% whichever is earlier