IOC order
Hello Zerodha
I have opened an account with zerodha & experimenting with NOW.......Very impressed with your service......best of all brokers:clap::clap:...
I would like to ask a question about IOC orders......
1. If we buy 100 lots of NIFTY by market order.....Total order is filled, whatever the best price even if its far away....
If we buy 100 lots with limit order...then only fills are upto limit price.....& we may get even partial or no fills...
But can't understand IOC logic.....Is it to be used only with limit orders?
When it is best to use?....
Your and other forum members guidance will be helpful and appreciated
regards
Gaurav:sos:
Hello Zerodha
I have opened an account with zerodha & experimenting with NOW.......Very impressed with your service......best of all brokers:clap::clap:...
I would like to ask a question about IOC orders......
1. If we buy 100 lots of NIFTY by market order.....Total order is filled, whatever the best price even if its far away....
If we buy 100 lots with limit order...then only fills are upto limit price.....& we may get even partial or no fills...
But can't understand IOC logic.....Is it to be used only with limit orders?
When it is best to use?....
Your and other forum members guidance will be helpful and appreciated
regards
Gaurav:sos: