What is Upstox's Auto Order Slicing Feature and How Does It Work?

Auto Order Slicing on Upstox Web.

Order Slicing automatically breaks down your large orders into smaller pieces. This happens when you place trade quantity above the exchange's freeze quantity limits. You can know freeze limits by checking exchange's website. These freeze limits keep getting updated periodically. Slicing gives you better control and helps reduce trading risks.


How order slicing works

1. Log in to Upstox at Pro.upstox.com.

2. Go to the order placement screen.

3. Enter a quantity above the freeze limit.

4. Auto slicing activates automatically.

The trade is all set! No manual intervention or any change of settings is needed.


Example:

Say you want to buy 5,000 NIFTY contracts and the freeze limit is 1,800.

When you enter 5,000 in the quantity field, your order automatically splits it into,

  • Order 1 - 1,800 quantities.
  • Order 2 - 1,800 quantities.
  • Order 3 - 1,400 quantities.


All three orders get sent to the exchange right away.


Why it helps?

  • Order slicing works automatically when needed.
  • You can manage large trades without hitting exchange limits.


Just enter your desired quantity and let Upstox handle the rest!

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