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Why is my default exchange not getting selected on the order screen?

As per SEBI and Exchange regulations, we have implemented a Best Price Order Execution feature in our trading platform.

This means that whenever you place an order, the system will automatically select the exchange (NSE/BSE) offering the best available price for your order at that moment – even if you have set a different default exchange.

This helps ensure better order execution and price efficiency for your trades.

Example:
Assume you have selected NSE as your default exchange.
You place a Buy Order for a stock.

At that moment:
NSE price = ₹100.20
BSE price = ₹100.05

Since BSE has the better available price for buying, the order screen will automatically switch the exchange to BSE to provide you with the best execution price.

Similarly, for sell orders, the system will choose the exchange with the higher available selling price.

You can still manually choose and execute orders from your preferred exchange at any time.

There is also no issue in buying shares on one exchange and selling them on another exchange, as exchange interoperability is permitted under the SEBI interoperability framework and supported across Indian exchanges.

 

Note: The exchange selection is dynamic and may change based on real-time market prices, liquidity, and order execution quality available across exchanges.