Is it necessary to enter a disclosed quantity?

Is it necessary to enter a disclosed quantity?

Revealing a disclosed quantity is optional when placing an order. This feature allows you to choose how much of your total order quantity you wish to disclose to the public. While it's not mandatory, disclosing a portion can be beneficial in managing market impact, as only the disclosed quantity will be visible on the market screen. This helps prevent potential price spikes that may occur when large orders are placed. However, whether to disclose a quantity or not depends on your trading strategy and preferences. Further, even if you opt for displaying only the disclosed quantity, the execution of the order will encompass the actual amount.

Utilise this feature on the 5paisa platform according to your needs to effectively manage your orders and navigate market dynamics.

Note: NSE/BSE (Equity): Disclosed quantity cannot be less than 10% of the order.