Are Disclosed Quantity orders allowed for currency futures? S

General
1

There seems to be some confusion about whether DQ orders are allowed for currency futures are not. Many online articles say that DQ is not allowed for F&O. However, Zerodha’s web-based trading app does have a text field for specifying while buying or selling currency features.

What’s the current policy about DQ in currency futures/options? Are they allowed? What’s the minimum DQ proportion for CDS? Do we have to enter in percentage or in quantity?

2

Nilesh,

DQ orders are allowed for NSE currency futures and options. Disclosed Quantity is minimum 10% of the total quantity.

In MCXSX exchange, DQ for futures is allowed but not sure for options. There is no minimum % of disclosed quantity, you can place as low as 1.

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