Comment on Pre-market/Post-market/After-market Orders

Nithin Kamath commented on 05 Aug 2013, 06:52 AM

We do have algos for better execution of orders, it is called i3, check this blog. Presently i3 is allowed only for dealer terminals and unless you are someone who trades very big quantities, it doesn’t make sense to subscribe for this product.

What you could do is use the disclosed quantity feature while buying and selling stocks. In your buy/sell order window, if you want to buy 1000 shares, mention quantity as 1000 but disclosed quantity as 100. This way on the market depth window only 100 shares will show up, but actually your order is for 1000.

Placing market orders on illiquid mid/small caps can be pretty risky.


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