1. Can we place (Cover Order) Product in MCX Commodity trading through the API? 2. Can we place order by using MIS Product in MCX Commodity trading through the API? 3. Can we place (Bracket Order) Product in MCX Commodity trading through the API? 3. What would be the margin/exposure to expect in the above cases? 4. Is brokerage charged on both sides (BUY & SELL) for Intraday Traders or one side only?
Hi @arnavsaxena, 1. You can place the cover order for MCX scrips. In kite connect terminology "co" is an order_variety that is passed to place a cover order and product will be MIS. For more information about default params, check out documentation 2.You can place intraday orders for MCX by passing argument "MIS". 3. Bracket orders for MCX are not yet available in Kite Connect. 4. The margin for cover and bracket orders keep changing based on stop-loss, you can check margin required for the bracket and cover order here. 5. Brokerage is charged on executed orders and you will be paying brokerage of 0.01% or Rs40 whichever is low.
1. You can place the cover order for MCX scrips.
In kite connect terminology "co" is an order_variety that is passed to place a cover order and product will be MIS.
For more information about default params, check out documentation
2.You can place intraday orders for MCX by passing argument "MIS".
3. Bracket orders for MCX are not yet available in Kite Connect.
4. The margin for cover and bracket orders keep changing based on stop-loss, you can check margin required for the bracket and cover order here.
5. Brokerage is charged on executed orders and you will be paying brokerage of 0.01% or Rs40 whichever is low.