Comment on Cover Orders - For Higher Leverage

ethicaldeal commented on 07 Nov 2013, 05:12 AM

Dear Zerodha

This is a question about placing a buying Cover Order.

If I place a Buy CO, I will get at the market rate I understand that, but what rate would that be?

The LTP, the current Ask Rate or the highest Ask rate (which we can see by double clicking on the Future and a pop-up window comes up (Snap Quote Dialog) and the highest value in RED font) will I get at that rate? kindly clarify ?

Thanks
EthicalDeal

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