Comment on Cover Orders - For Higher Leverage

Nithin Kamath commented on 29 Jun 2013, 03:01 PM

In Cover order you would already have a pending stop loss order and since the leverage is higher, you are allowed to just modify the pending SL order as a market order. If we allow you to modify this pending SL as limit order, then on the downside the protection is removed. Hence we don’t provide.

Cheers,

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