What is Cloud order in stock market?

What is Cloud order in stock market?

The Cloud Order facility is available for F&O intraday stoploss products on ICICIdirect.com. FuturePLUS Stoploss. OptionPLUS. To save Cloud Order, Visit website > Trade & Invest > F&O > Transact > Cloud Orders.

How do I place a cloud order in ICICIdirect?

Steps to place a cloud order

1. Login to your ICICIDirect website or mobile trading app.
2. In the left navigation bar, expand ‘Equity’ and click ‘Cloud Order’
3. Click on the ‘Cash’ tab.
4. Click on the ‘Add To My Cloud’ button.
5. Fill the order form.
6. Click ‘Save to Cloud’

What is IOC and VTC in trading?

An IoC (Immediate or Cancelled) order is either executed immediately or else get cancelled. The system will execute the order for 150 shares and cancel the rest of the order for 50 shares. VTC Order. A VTC (Valid Till Cancelled) order is valid for 45 days.

What is Multiprice order?

Multi price Order are orders wherein you can place order with two prices, first being the normal Limit Price and second price as “Cut off price”. Cut off price order type can either be a Limit order or a Market order, as per your choice.

What is basket order in ICICIdirect?

What is Basket Order? Basket Order is the functionality provided by ICICIdirect for placing multiple orders at the same time or in a single click of a button. Are there any charges for Basket trading? There are no additional charges for basket orders.

What is Sep order in ICICIdirect?

SEP is a product using which you can place buy orders for a pre – specified amount or for a pre – specified quantity in scrips of your choice at regular intervals over a period of time as selected by you.

What is GTD validity?

GTD is a type of trade order; the term GTD stands for “good till date/day/time”; this means that this order is valid till a specified date or time unless it has been already fulfilled or cancelled.

What is IOC validity?

The validity tab gives you two validity options for the order you place. IOC (Immediate or Cancelled) allows a user to buy or sell a security as soon as the order is placed into the market, failing which the order will be removed from the system.

What is Cloud order in ICICIdirect?

What is a Cloud Order from ICICIdirect? Cloud Order is a feature offered by ICICI securities wherein you can place quick orders in Options. You can create and save orders anytime and these orders can be placed during market hours. It helps you save time in filling order details during the busy market hours.

How can stop loss in intraday trading in ICICIdirect?

ICICI Direct customers can place a stop-loss order in the ICICI Direct website or mobile app using the regular buy/sell order form. You just have to fill an additional field ‘Stop Loss Trigger Price’ in the order form and place the order. A stop-loss (SL) order gets activated only when the set trigger price is reached.

What is Option Plus in ICICIdirect?

ICICI Direct OptionPLUS is an intraday product for Options Trading wherein you can place 2 orders simultaneously. The first will be a market/Limit order for buying Options contract and the second order is placed to limit the loss on the position by specifying the Stop Loss Trigger Price (SLTP) and a Limit Price.

Which is better SIP or SEP?

The advantage of sep is that you may choose which stock(s) to invest in, while in the case of SIP, fund managers take the call regarding the selection of stocks. So, you should go for SEP, only if you are an expert in equity investments, otherwise, it’s always better to invest in Mutual Funds through SIP.

When to use a stop order in stock trading?

What is a stop order, and how is it used? A stop order is an order to buy or sell a stock at the market price once the stock has traded at or through a specified price (the “stop price”). If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

When to use a market order in trading?

A market order typically ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. A market order is generally appropriate when you think a stock is priced right, when you are sure you want a fill on your order, or when you want an immediate execution.

What are the different types of trade orders?

Types of Stock Trade Orders 1 Market Order. A key component of a market order is that the individual does not control the amount paid for the stock purchase or sale. 2 Limit Order. A limit order is a trade order to purchase or sell a stock at a specific set price or better. 3 Stop Order. 4 Stop-Limit Order. 5 Trailing Stop Order.

What makes a stock limit order a limit order?

A stock-limit order is a conditional trade order that combines the features of a stop and limit order. A stop-limit order requires placing two prices – the stop price and the limit price. Once the stock hits the stop price, the order becomes a limit order.