Basket Orders
Basket Orders functionality allows you to place more than one or multiple orders with a single click. With Basket Orders in F&O, you can now save valuable time by placing several orders at one click of the button.
F&O traders can now place multiple multi-legged strategy orders in a single click and also view the overall margin required in saved baskets with the Basket Order platform available on ICICIdirect. You can add multiple contracts to a single basket and save it. Adding new contracts to a basket and placing orders through Basket Order is a fast and simple process.
Features of Basket Orders
Create and save upto 20 different Baskets
Personalize Baskets as per need by naming and adding or removing scripts
Upto 20 different scripts can be added to a single Basket
Save valuable time by placing several orders in just one click
View the total margin required for a Basket
How to use Basket Orders?
- Select on ‘Create Basket’ option and give a name that you want
- After naming, you have to add the Contract that you want
- While adding contract, you have to also specify the Quantity, Order Type and Product Type
- After selecting ‘Save to Basket’ you can view the contract in the basket
- You can add upto 20 different contracts and also delete and increase lot size of contracts
- View the margin required for the contract, and after adding more contracts the reduced margin is also shown
- Selecting on Place Order submits all the contracts included in the Basket