Comment on Bracket Orders & Trailing Stoploss (SL)

John commented on 22 May 2014, 09:35 PM

Hi Nithin,

I got the following reply from your support team. I think it is incorrect that the BO is being treated as 1 order for entry but the brokerage is charged 20 rupees per lot on exit even though the trades are for same price at same time (down to same second). This makes it very expensive once you start using BO for a big lot size trade. I have already used the BO over 30 times in past 3 days and at all instance it was treated like above. The algorithm you use is exiting the order as single lots rather than as a whole.

Please fix this soon as this is a bug.

Regards
John

Reply from your team:
We would like to inform you that BO is an algorithmic trading. If order executes partially, it generates two orders( limit and sl) and thus order numbers will be different and computation will be done based on order no. Our developers are looking into this matter but till then, brokerage will be charged as per your executed order no.

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