Converting BO to CNC

General
1

Can I convert BO to CNC in kite? I am unable to do so.

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2

Not possible to covert from BO to CNC, if in MIS you can covert it easily, if in BO first exit and make new trade In CNC

3

Hello,

BO and CO order are special order, design for intraday trade only.

Kindly go through this link for more info.

4

Why is this not allowed? Could this be changed to allow both CO, BO to convert to CNC in future?

5

BO & CO are mainly used for Intraday because of the margins available with it, You dont get margin on CNC hence you can’t convert BO or CO to CNC.

6

If I have funds to cover the converting to CNC, should it not be allowed?

7

@NithinKamath feature request. If we have funds we should have option to convert BO to CNC. This will help in intraday trade is running flat or is in loss

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8

Why not allow both BO & CO be converted to delivery (CNC)?
@nithin

9

@nithin This is why I never use BO. It locks trader in to an intraday trade with tight time lines and it raises tension.

Ability to convert BO to CNC/Regular or BO on Good -till-Cancelled basis will offer an Edge to Zerodha trader.

Remember this kind of small, soft edges are very, very, very important in trading or in a gamble

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