Comment on Latest updates PI - 23rd July 2015

sohil commented on 02 Dec 2015, 09:39 PM

Hello Still got no reply for my 1st question. Reposting it again

1). Pls resolve the problem with bracket order ASAP( Many a times a single bracket order after filling turns into 30-50 different square off & stop loss orders. This makes adjusting the target & stop loss impossible).

This issue makes Bracket order (& hence the large 20X leverage associated with it) effectively useless for handling large share transactions.
How soon can we expect to see this resolved ?

Why is cover order a mkt order, why don’t you allow limit cover order ??
If that were allowed then we could have used cover order to take advantage of 20X leverage till the time you fix the bracket order issue

So in short your 20X leverage offer is effectively useless for traders. With cover order there is a danger of slippage & bracket order is impossible to manage for large share trading and the brokerage does not remain limited to Rs 20.

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