You see a nudge informing you that your order will be split into multiple orders to effectively manage exchange freeze quantity limits when you place large orders. Your large orders are automatically divided into smaller parts to stay within exchange restrictions.
How order slicing works
When you trade Nifty, for example, your order can be split into up to 50 slices, each containing 1755 quantities. This allows you to handle orders of up to 87,750 quantities in total.
You can check freeze quantity limits under Volume Freeze Quantity on the NSE website.
The order slicing feature is available across:
- Normal order window
- Option Chain
- Quick Baskets
- Trade from Charts (TFC)
- Positions
Your sliced orders are marked with a blue layer icon in the order book for easy identification.
