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    Execution Algo

    What are Execution Algorithms?

    Execution Algos are automated programs designed to execute orders based on predefined instructions. These instructions consider various parameters such as time, price, volume, or a combination of these factors. In simple terms, Execution Algos enable automated trading using systems with predefined trading strategies.

    Why should we use Execution Algos?
    Execution Algos leverage computing resources to provide speed and accuracy, benefiting the user. They enhance consistency, eliminate emotional biases in trading, and make trading more user-friendly. Ultimately, they help ICICI Direct customers execute trades more efficiently.

    Who can use Execution Algos?
    All ICICI Direct customers with a trading account can use Execution Algos. Customers can access Execution Algos through the ICICI Direct Super app or the ICICI Direct website.

    Which segments support trading through Execution Algos?
    Customers can use Execution Algos to place orders in the Equity and Derivatives (Futures & Options) segments.

    What are the inputs required to place an order using Execution Algos? How to trade using Execution Algos? How is brokerage charged for Execution Algos orders? Are there any additional charges for using Execution Algos? Can I stop all Execution Algo strategies at once? Can I pause, stop, and resume Execution Algos orders? Can I clone previously used Execution Algos? Where is the status of Execution Algos displayed? Where can I view details of completed Execution Algos orders? Can ICICI Securities (I-Sec) stop/pause active Execution Algos orders placed by customers? Can the Stock Trigger Price and Execution Price differ? Why is the trigger price not equal to the Last Traded Price (LTP) in Scalping Algo? Why did my market order get executed as limit order in Execution Algos? What is the trigger price in Algo Trading, and why does it not always match the Last Traded Price (LTP) in a Scalping Algo?