Order Configuration
Order types, position sizing, product type, slippage and iceberg slicing.
Control exactly how orders reach the market.
Order type
- Market — fill immediately at the best price.
- Limit — rest at a chosen price (with an offset).
- SL / SL-M — stop / stop-market triggered orders.
Quondex can manage non-market orders on-platform (the trigger is watched locally and a market order is fired when hit), so nothing rests at the broker unless you choose otherwise.
Position sizing
- Fixed Quantity — N shares/lots per trade.
- Capital % — size from a % of available capital.
- Lot Size — for F&O.
- Fixed Capital — a rupee amount per trade.
Product type
- MIS (intraday), CNC/NRML (delivery/positional). Intraday products are auto-squared-off at the session end; positional products carry overnight.
Protection
- Slippage (₹) — converts a market order into a protective limit within a price band.
- Iceberg slice qty — splits a large order into smaller child orders to reduce impact.
Was this page helpful?