zerodha kite order window features

Zerodha Kite Order Window Features: A Comprehensive Guide

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Zerodha Kite Order Window Features: A Comprehensive Guide

Description: Discover the latest features of Zerodha’s Kite order window, designed to enhance your trading experience. Learn about order slicing, available margin display, market depth, and more.

 

 

Zerodha, one of India’s leading brokerage firms, has continuously updated its trading platform, Kite, to provide users with a seamless and efficient trading experience. The Kite order window is a crucial component of this platform, offering several features that simplify order placement and enhance user convenience. Here’s a detailed overview of the key features available in the Kite order window:

 

zerodha kite order window features
zerodha kite order window features

Key Features of Kite Order Window

  1. Order Slicing

    • Description: This feature allows users to place large orders without worrying about exchange freeze limits. Kite automatically divides large orders into smaller portions, ensuring compliance with exchange regulations.

    • Example: For large Nifty orders, Kite can split the order into up to 20 slices, each containing 1,800 quantities, allowing users to handle up to 36,000 quantities without manual intervention.

  2. Available Margin Display

    • Description: Users can instantly view their available funds directly on the Kite order window, making it easier to manage trades and avoid over-leveraging.

    • Benefit: This feature helps traders make informed decisions by providing real-time visibility of their available margin.

  3. Market Depth

    • Description: Market depth is now accessible directly from the order window, allowing users to view bid and ask prices along with the corresponding quantities.

    • Benefit: This feature helps traders gauge market liquidity and make better trading decisions.

  4. Remember F&O Quantity

    • Description: Kite remembers the quantity entered for a futures and options (F&O) contract and automatically fills it in the next time the order window is opened.

    • Benefit: This feature saves time and reduces errors by recalling previously entered quantities.

  5. Market Protection

    • Description: This feature makes market orders safer by preventing them from executing at unexpected prices during volatile market conditions.

    • Benefit: It helps protect traders from sudden price movements that could result in unfavorable trades.

  6. Basket Icon

    • Description: The new basket icon allows users to quickly build and execute multi-instrument orders from anywhere on the Kite platform with just a few clicks.

    • Benefit: This feature streamlines the process of placing complex orders involving multiple instruments.

  7. Sticky Order Window

    • Description: This feature keeps the order window open after placing an order, allowing users to place multiple orders with the same details without having to re-enter them.

    • Benefit: It is particularly useful for active traders who frequently place orders with the same parameters.

  8. Quick Order Window

    • Description: The quick order window allows users to place orders with just two clicks by entering either the quantity or amount they wish to trade.

    • Benefit: It simplifies the order placement process, making it faster and more efficient.

Using the Kite Order Window Effectively

  • Switch Between Quantity and Amount/Lots: Users can easily toggle between entering quantities or amounts for equities and lots for F&O contracts.

  • Limit and Market Orders: Users can switch between limit and market orders by tapping on the switch icon, allowing for flexibility in order types.

  • Intraday and Delivery Orders: Users can select whether to place intraday or delivery orders, with preferences remembered for future trades

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