Smart Order Router

System Advanced All Futures All Options Stocks Currency Futures MCX Commodities

Applicable in all conditions - improves execution quality regardless of direction

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Quick Reference

Strategy Type Intelligent Order Execution and Routing Optimization
Market Outlook Applicable in all conditions - improves execution quality regardless of direction
Risk Profile Execution enhancement - reduces slippage and improves fill quality
Reward Profile Saves 0.5-2% on execution costs through optimal routing and timing
Time Horizon Per-trade optimization (milliseconds to minutes)
Capital Requirement No additional capital - applies to existing trading
Margin Type N/A - execution layer optimization
Best Used When Executing larger orders, trading less liquid instruments, seeking best execution

When to Use This Strategy

Executing larger orders, trading less liquid instruments, seeking best execution

India-Specific Notes

Exchange Landscape

NSE Primary exchange for most F&O and equity trading
BSE Alternative venue for equity, growing derivatives
MCX Commodities futures and options
NSE Currency Currency derivatives segment

Order Types Available

Market Execute immediately at best available price
Limit Execute at specified price or better
Stop Loss Trigger limit/market when price reached
Stop Loss Market SL-M triggers market order
IOC Immediate or Cancel - fill or cancel immediately
GTT Good Till Triggered - conditional orders

Trading Sessions

Pre Open 9:00-9:08 AM (order collection), 9:08-9:12 (matching)
Normal 9:15 AM - 3:30 PM
Post Close 3:40-4:00 PM (closing session)

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