Table of Contents
What is single and OCO in Zerodha?
Zerodha offers to place a GTT buy or GTT sell order using a Single trigger or OCO (One Cancels the other). The single order gets placed to the exchange as soon as the trigger price gets hit. The single trigger type gets generally used to enter new positions. OCO Trigger – OCO stands for One cancels the other.
What is single sell in Zerodha?
A single GTT is a trigger which is valid for only one time, after a limit order is placed. In case a limit order is placed due to the Trigger Price being breached or for any other reason on any particular day, but the limit order is not exactly met on the same day, such GTTs will be required to be placed once again.
Is GTT in Zerodha free?
Yes, GTT in Zerodha is free. There are no charges to use the GTT feature in Zerodha. However, when the GTT order gets executed, you need to pay the applicable brokerage, Demat charges, and exchange transaction charges.
What is an OCO order?
What is a One-Cancels-the-Other Order (OCO) A one-cancels-the-other (OCO) order 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.
How can I buy from 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.
What does OCO stand for?
OCO
| Acronym | Definition |
|---|---|
| OCO | Office of Central Operations |
| OCO | Overall Control Office |
| OCO | One Cancels the Order (banking, foreign exchange) |
| OCO | Operational Contracting Officer |
What is CNC MIS?
CNC, MIS and NRML are the Product type to be used every time you place an order through Kite. Cash and Carry (CNC) is used for delivery based trading in equity. Margin Intraday Square Off (MIS) is used for trading Intraday Equity, Intraday F&O, and Intraday Commodity.
What is IOS in Zerodha?
IOC stands for Immediate or Cancelled Orders in Zerodha Kite. IOC orders allow customers to buy or sell a security as soon as the order is released into the market. The IOC orders can match partially, with other partial order that is unmatched gets auto-cancelled.
On T+1 day, you can sell the stock that you purchased the previous day. On day 3 or the T+2 day, around 11 AM shares are debited from the person who sold you the shares and credited to the brokerage with whom you are trading, who will in turn credit it to your DEMAT account by the end of the day.