Order window Updates: Quick Order Window, Amount, and Lot Switch

[Arockiya_Raja]

To make the order placement experience easier on Kite, we have added two new features; Quick order window and an option to switch between quantity, amount, and lots.

Quick order window:

The Quick Order Window is designed to streamline the trading experience by providing only the essential fields needed to place an order swiftly. This feature focuses on quantity and limit/market order type, allowing you to execute trades without the need to see through additional options. The regular product type is still available for those who need other settings.

If the ‘Intraday’ option is not selected, the order will default to CNC for Equities and NRML for F&O. By simply selecting ‘Set a price’ or ‘Remove price’, you can easily toggle between these two order types (Market and Limit).

The preference will be remembered as per the previous selection.

Quantity/Lots/Amount Switch:

In equity trading, we’re offering the flexibility to choose between quantity and amount, eliminating the need for manual calculations. Simply input the preferred amount and corresponding price, and the system will take care of the rest, automatically determining the number of shares to be bought or sold. This feature is currently available for CNC (Longterm) in equity trading.

Note: If the price is changed in the open orders, then the quantity will be adjusted according to the new amount.

For NFO and BFO, you can now toggle between quantity and lots. Someone who trades in the F&O segment knows how cumbersome it is to calculate quantities manually, especially if one is trading large volumes, as each script in the F&O segment has a different lot size. This feature is accessible for both NRML (overnight) and MIS (intraday) product types.

Note: The next time you open the order window, the preference will be remembered as per the previous selection.

These features are currently available on the Kite web and will be available in the Kite app in coming updates.

[Krishnakumar]

Hey is it possible to set some kind of a default quantity / default lots size?
Its slightly time consuming to enter the quantity manually every time because it starts from 1. Assume I trade non directional, I have to adjust multiple times a day. If the order window remembers the default quantity then it will prefill and save lot of time in editing the orders

Particularly very impactful near the 3pm averaging time where options go 2x 3x

[Arockiya_Raja]

Thank you for the feedback. Your feedback has been noted; we will look into the possibilities.

[Vinoth_Kannan]

What is the easiest way to exit a option position when the qty is above freeze qty. many a time when there is a move against the position exiting in a click is not possible leading the slippage/ loss due to execution.

[Krishnakumar]

Use sticky window and press exit market order
or
create a basket and exit with multiple orders

for now only these are possible

[Arockiya_Raja]

Utilizing Sticky orders, Iceberg and Basket orders can greatly expedite your process of placing multiple orders.

[Vinoth_Kannan]

How to do the same from mobile. In mobile I can select multiple legs and exit by long pressing the legs and selecting multiple legs. If the qty is more than the freeze quantity how to do. Also while placing an SL how to place qty more than freeze quantity. Pls attach a video / GIF.

[Arockiya_Raja]

@Vinoth_Kannan

In mobile I can select multiple legs and exit by long pressing the legs and selecting multiple legs. If the qty is more than the freeze quantity how to do.

When we do multiple exits, we cannot currently place orders that exceed the freeze quantity.

@Vinoth_Kannan

Also while placing an SL how to place qty more than freeze quantity. Pls attach a video / GIF.

Please see the support articles hyperlinked here. Step-by-step instructions have been provided.

Sticky orders , Iceberg, Basket orders

[Vinoth_Kannan]

This is much needed. Especially when any gamma move is there. Due to the feature not avialable leading to slippages in executing multiple orders.

[SachinSingh]

Please remove this feature as the default option. For people who use incognito mode, you have to select ‘regular’ every time. IMO, making a new feature as the default option makes absolutely zero sense. I see other people complaining about this as well:

As it is, Nifty & Sensex are there by default at the top, which you have to change every time if you’re using incognito mode, now another annoying thing has been added…

And also, should have had the ‘regular’ order in the same position as before (extreme left), now there’s the ‘quick’ order in that position, which takes that just slight extra time if you’re switching between ‘regular’ & ‘iceberg’ orders…

@SachinSingh

A lot of nudges/features which you have implemented seem more of a hindrance than being useful.

I’d said this in 2021, and it still holds true…

[Lax]

Have you noticed, once placed order using QUICK, you cannot modify it later!!! If it feature or penalty in disguise?

[siva]

@Lax

once placed order using QUICK, you cannot modify it later!!

Nothing like that, please double check again, if you face it you can take a video and post it here.

[Arockiya_Raja]

@SachinSingh

Please remove this feature as the default option. For people who use incognito mode, you have to select ‘regular’ every time. IMO, making a new feature as the default option makes absolutely zero sense. I see other people complaining about this as well:

If you use incognito to login with a different id than the one used in the normal window,. You can try these steps; it should help you login with multiple ids in the browser, and caches will not be cleared.

The majority of users only use limit or market orders. We wish to keep things simple; if anyone wants to use different orders, they can. It will be remembered for the next time.

How to log in to multiple Zerodha accounts of family members on the same...

[Arockiya_Raja]

@Lax

Have you noticed, once placed order using QUICK, you cannot modify it later!!! If it feature or penalty in disguise?

Typically, users cannot switch between product types in the modify window. Regular to AMO/Iceberg. The same applies here. If you are comfortable with the regular order window. Please select it when you open the order window from MarketWatch; it will be remembered the next time.

[Arockiya_Raja]

@itsadam

Hello! Any updates on the MTF front?

WIP. We have started testing it. It should be ready soon.

[SachinSingh]

@Arockiya_Raja

If you use incognito to login with a different id than the one used in the normal window,.

No, that’s not why I’m using incognito. I use only one account per browser.

@Arockiya_Raja

The majority of users only use limit or market orders.

For that, even the previous ‘regular’ orders did the job, why even introduce ‘quick’ orders?

@Arockiya_Raja

It will be remembered for the next time.

Like I said, that doesn’t work for incognito mode.

@Arockiya_Raja

We wish to keep things simple

You and the team might have the right intentions, but again, like I said, that’s not how it translates in the final product for a lot of the things.

[Speaker]

How Nice!

This entire thing is only for CNC? Not for Intraday? I’m unable to set it for Intraday. @Arockiya_Raja

[siva]

@Speaker

This entire thing is only for CNC? Not for Intraday?

You can select intraday as shown below.

[Speaker]

Man! I’m talking about, adjusting the quantity when i enter the amount feature.

And this feature really need for CNC? SERIOUSLY?

I’m sure investor’s will calculate it manually, they won’t use this feature, 100s of times a day. Im unable to understand, from where you’ll get such great ideas. Once question yourself? This feature really needed for investors? Or traders? The one who actually need to calculate many times in a day is trader And again half baked potato work from you guys. No wonder!

It’s not working for intraday

[siva]

@Speaker

adjusting the quantity when i entry amount feature.

Yeah, makes more sense for mis.