What is order term in Reliance Money?

#1
hi,

Please explain me the "equity place order" page of reliance money

a. What is order term?
It has three options. "Session", "Day" and "IOC"

b. Why "Day" and "IOC" is enabled only for NSE and "Session" is enabled only for BSE

Thanks
Prabu
 
Last edited:
#2
Order term is term used by the exchg ....like IOC means Immediate or Cancel ..i.e an order that in part or all should be executed immediately ater it has been brought to the market ... any part not executed should be xxld ...
BSE does not allow IOC and it has only " session " which is similar to "day" order.
I think you shud visit nseindia or bseindia for more gyan on