What is Split Order ?

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Split Order is a tool for traders who deal with large lot sizes. F&O Order has a limit for the number of lots per order. The split order feature helps you enter the lots above this limit wherein the orders are split as per the given limit for the contract concerned and sent to the exchange. This saves time and reduces errors compared to manually entering multiple trades. 

Earlier, the split order feature was only applicable to Nifty and Bank Nifty contracts. But now, this feature is live for BSE FO contracts too. Currently this feature is not available for commodity. 

For Example : The limit for a contract is 30 lots. When a user places an order for 100 lots, the order is split into 4 orders of- 30, 30, 30 and 10 and sent to the exchange.