New Features on the Order Window: Order Slicing, Market Protection & More!

Why not enable market orders for stock options if the MARKET PROTECTION feature is already rolled out?

It is, you have to just select market protection as below.

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On the mobile app, Can you swap the +/- controls on the order/modify order widget?

“+” should be on the right side and “-” on the left side. Basic UI goof up.

Pasting snapshot of similar control on another trading app.

Hope this should be a quick fix and will not take another 6 months to fix. I had requested this almost 6 months back when the app added this feature.

God bless Zerodha!

@siva when will these features coming to mobile app & option chain too?

Let me get this checked.

Can take a month.

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Great Update . Please provide screen live trading option

@DhanushK @Arockiya_Raja @siva Thanks, this is a superb feature. “Remember F&O quantity” is also a great new feature.

Could you please add an option to manually set the “Market protection” value, allowing it to override the current default protection percentage? You can limit the manual protection percentage range to between 0.05 and 5. Setting this field to 0 will select the default protection percentage. Additionally, the value should be remembered for future orders.

Example 1: I want to buy an option with a premium of 400, by default it will have a protection of 2%, that means it will place a limit order for 408. But I want to change the limit to 1% or 0.5% so that the limit can be 404 or 402.

Example 2: I want to buy Nifty future for 25000 (don’t know any time soon :frowning: ). Current protection of 0.5%, i.e. 125, is a big number. Here 0.05% might be ideal for many.

Yes, here my intention is to make the market protection order option to a better and fast limit order placement tool :slight_smile:

Hope you guys will consider and take it as priority.

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@siva This was acknowledged earlier and the fix was suppose to come pretty soon. You can check the original post where the new app features was announced. Many times, I have punched wrong order price because of this wrong placement of controls. There might be many like me. It is kind of a forced error as our brain are programmed for the “+” button to be one the RHS. Can you show me any other app which has the “+” control on the LHS ?

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@siva @nithin please refer New Order Placement Window is worst update ever - #21 by teenscm this thread. I am not sure why a simple UI fix take more than 8 months to even being to get into consideration. Not sure when you guys will fix it. Just to emphasize this is not even a feature request, but just a simple fix and any college going kid would fix it in less than an hour.

I have been long associated with Zerodha and find you guys more and more restrictive. Other brokers are swift to acknowledge and fix the errors. Not sure what will it take for you guys to start doing this.

It happened to me many times. I also want this change. Glad to see, someone besides me also wants this :+1:

@ST_Trading @siva @nithin It seems zerodha which was built by feedback by hundreds of users, is no longer on the path of acting on the feedback. It seems like showing the doors to the customers.

As responded in the other thread here. Please allow me just a couple of days, I will confirm you on this.

Not like that, I was also assuming that but I was wrong.
I found an issue and reported to them, they acted and fixed that particular issue even when I was the only one who was demanding that.
Kudos to Zerodha.
I am sure, sooner or later they will hear you and fix your issue too.
Siva is a nice guy. He will surely bring your feedback to tech team’s attention.

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Few feedbacks:

  • Displayed brokerage charges are not correct for slice order.
  • Option-buy margin should show cash (similar to equity nrml) and option-sell should show total margin. Currently, it shows total margin for both.
  • Option to disable confirmation window for slice order placement.
  • Allow amount as quantity order for FnO, at-least for cash margin option-buy (similar to equity nrml)
  • Display number of order, it would be placing along with lot quantity. (currently, it displays in nudge window)
  • Since margin info is present in order window, Can you add quantity as % of margin (in-adition to lot,amount as quantity)? for eg. 10 % will convert its respective margin to quantity/lot. And allow to save this default % value which can help to easy risk management without setting quantity for any instrument.
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Yeah, known issue, will fix it in coming weeks.

This is deliberate, by next week we will allow buying options with collateral hence.

This is given to reduce fat finger trades which can lead into huge losses. But will see if we can give option to deselect it at user level.

Noted.

Only in nudge we can show for order slicing.

No plans to give this, let user select what ever they want at the time of order placement but for fno last used quantity is remembered by default at scrip /index level.

Much needed, confirmation window defies the very purpose of instant order placement.

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means we can buy option through colletral margin? right?

Yes.

Market protection option is not available in Safari browser ?