What is a multi-leg order and how can it be placed?
A multi-leg options order is an order to simultaneously buy and sell options with more than one strike price, expiration date or sensitivity to the underlying asset's price.
Basically, a multi-leg options order refers to any trade that involves two or more options that are completed at once.
You need to go to Trade --- Multileg order in Infinn Exe.
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What are the benefits of multi-leg order?
A multi-leg option order submits both legs of the trade simultaneously making execution much smoother for the options trader. Moreover, having both orders go in at the same time removes some of the latency risk and time lag of entering multiple ...
Where to view the placed orders?
Once you have placed an order, Press "F3 / fn+F3" to open the "Orderbook" to view the placed orders. Alternatively, Hover on to the menu and click on "Trade". Then select "Order Book" from the drop-down to view the orders you have placed.
How many orders can be placed in one basket order?
You can place up to 200 orders in 1 basket order.
What is the Cover order?
A Cover Order is used for intraday trading, where a Stop Loss order is placed simultaneously with the main order. This Stop Loss order cannot be canceled, reducing risk automatically as it limits potential losses.
What is the GTT order?
A GTT (Good Till Triggered) order is a type of order that remains active until a specified trigger price is reached. Once the trigger price is hit, the order is placed at the limit price set by the client. GTT orders can be applied to various types ...