What is Spread order?

What is Spread order?

A spread is defined as the sale of one or more futures contracts and the purchase of one or more offsetting futures contracts. A spread tracks the difference between the price of whatever it is you are long and whatever it is you are short.

The steps are below: -

Trade Menu and Select Spread Buy Order Entry

Select Exchange, Instrument, Symbol, Sell Expiry, Buy Expiry, and Qty.

Click on Submit
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