ICICI Direct Auto Order Slicing: Faster Execution for Large Trades

01 Jul 2026|

2 min read |

by ICICI Securities Team

Commodities

In commodity trading, speed often provides a decisive edge. After all, when prices shift within seconds, how fast you enter and exit positions can directly shape your returns.

However, when taking high-conviction positions, large orders often hit a “wall” – the Exchange’s maximum limit for a single order or value check defined by ICICI Securities.

This results in rejected trades, missed price signals, and the tedious task of manually splitting orders under time pressure.

ICICI Direct’s Auto Order Slicing feature eliminates this friction, enabling instant, seamless execution of large trades without manual intervention.

What is Auto Order Slicing?

Auto Order Slicing is an intelligent feature that automatically detects when your order exceeds the exchange’s maximum quantity or the value limits set by ICICI Securities.

Instead of rejecting or restricting the trade, it breaks the large order into smaller, compliant “slices” and executes them in sequence—without any manual effort on your part.

For example, if the per-order limit for Crude Oil Mini (CRUDMI) is 764 lots and you place an order for 1000 lots, the system will automatically split it into:

1 order of 764 lots
1 order of 236 lots

How to Use it on the ICICI Direct App

You don’t need to manually set up Auto Order Slicing. It is enabled by default and automatically activates when your order quantity exceeds the single-order limit. Here’s how you can see it in action:

Open your dashboard and click on Commodity.
Use the Search Bar to find your specific commodity contract.
Choose your position and click Buy or Sell.
Enter your lots; the system will automatically calculate and display the required slices if limits are exceeded.
Review the slicing details and Swipe to Buy/Sell to execute.
You will be automatically directed to the Order Acknowledgement Page.
Click Refresh to see all individual sliced orders appear in your order list.

Step 1 Step 2 Step 3

Step 4 Step 5 Step 6

Step 7

Why It’s a Valuable Tool for Traders

Zero Manual Effort: No need to activate the feature or calculate splits manually; it triggers automatically upon order placement.
Timely Action on Signals: High-conviction trades won't be delayed by "Limit Exceeded" warnings during fast market moves.
Flexible Execution: Works for Market, Limit, and After Market Orders as well as squaring off large open positions.
Full Control: Each slice is an independent order. You can monitor, modify, or cancel pending slices directly from your order book.

Pricing and Charges

There is no additional cost for using the slicing feature. However, each slice is treated as a separate order by the Exchange.

Therefore, standard brokerage of ₹20/order applies to each executed slice regardless of your plan.

In Conclusion

For today’s commodity trader, efficiency is critical. Large Order Auto Slicing removes the friction of manual execution, helping you act on market signals quickly while ensuring smooth, compliant order placement.

Disclaimer

ICICI Securities Limited has its registered office at ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025, India, Tel No:- 022 - 2288 2460, 022 - 2288 2470. The non-broking products / services like iLearn and Financial Learning are not exchange traded products / services and ICICI Securities Ltd. is just acting as a distributor/ referral Agent of such products / services and all disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism. iLearn is not an exchange traded product/service of ICICI Securities Ltd. All disputes with respect to the activity on the platform would not have access to Exchange investor redressal or Arbitration mechanism.

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