1. Introducing Market Protection flag for Zerodha users
We have introduced a new Market Protection setting for Zerodha users. When this setting is enabled, it helps prevent market orders from being executed too far from the fair price. If the next bid or offer is significantly away from the Last Traded Price (LTP), the market order is converted into a limit order at a price between 0.5% and 5% away from the LTP. Any unfilled quantity remains open as a limit order at this price.
To know more about the price limits, refer to the Zerodha support article here.
Note – This setting is turned on by default.
2. Place All Slices at Market/Limit
This is one of the most frequently requested features from users. The ability to execute all sliced orders at once with a single click. By clicking Place all Slices at Market in the basket page, all the slices will be executed at once, with orders inside each slice getting executed in the sequence shown on the basket page.
3. Change in Bid Offer Ladder
We believe the most important thing for a trader is to understand the bid-offer spread while trading an order. And to make that easier, we have rearranged the columns in the bid–offer ladder to bring the bid price and offer price closer together.
Feel free to leave a comment telling us if you like this, and if you want to see any other functionality added to this.