What is xmitted order?

Order value exceeds… You need to contact Customer Service Xmitted order Order has passed RMS and has been prepared to be sent to exchange. Such Orders Will Be Displayed In Order Book As X'mitted Orders And Will Be Released When Market Opens On Same Day Itself. We are using 'ODIN DIET' and need to connect & placing orders without using MCX Exchange Connectivity(any kind of mode. Using the SUSHIL'S NETLITE orders, trade confirmations and real-time market information can. An order management system is a software system that facilitates and manages the execution of trade orders. An order is an instruction given by the issuer for the trading of securities.

ODIN is a high-end, integrated Internet trading application for Investor connecting with Trading Member/Client environment. ODIN enables increased level of operational ease and execution efficiency by empowering the user with a multi- console operation for all dealing activities. The advantage is further extended as the single application provides connectivity to multi-exchange multi-segment trading facility. ODIN also facilitates real time market information (price feed) of multi- exchange multi-segments and an ability to send orders directly to the exchange. The application architecture facilitates the trading members to maintain common Risk and Surveillance Management for all exchanges/segments. This document contains additional features for Segments over and above the features provided in earlier version.

This feature facilitates viewing of real-time market information (price feeds etc.) from multiple exchange/segments. Built-in ability to configure column profile makes it easier for user to view and navigate across the market feeds in Market Watch.

This feature facilitates viewing of Real-Time market depth information of symbols

/ contracts is displayed as provided by exchanges.

This feature facilitates user to view all derivative contracts for a particular underlying together on a single screen.

This feature facilitates User to create new conditions and modify existing conditions. Such condition created can be assigned in Filtered/ Profile Watch for the user defined portfolio through the 'Select condition' option. The data will be available to the user in Filtered/Profile watch whenever such conditions are applied.

This feature facilitates User to create new conditions and modify existing conditions. Such condition created can be assigned in Tick Watch for the user defined portfolio through the 'Select condition' option. The data will be immediately made available to the user in Tick Watch as and when such conditions are met.

This feature facilitates viewing of Best Buy/ Sell price, Volume in Quantity and Value, today's Open, High, Low, Close prices etc. for selected symbols / contracts.

This feature facilitates viewing of tickwise data alongwith Last Traded Quantity (LTQ), Price, LTQ trend etc.

This feature facilitates viewing of Last Trading Price, Quantity etc for selected portfolio. Option to trade is also available in Ticker.

This feature facilitates viewing of historical data with latest information for the particular symbols / contracts.

This feature facilitates viewing of list of most active securities based on various user defined parameters like price, value etc. along with latest market data. Most Active Securities view can be customized using comprehensive filter option.

This feature facilitates viewing of list of symbols / contracts traded with high volatility trend in market with '% changes' at either sides.

This feature facilitates viewing of exchange wise current Market Status.

This feature facilitates viewing of index updates on logon. The Index View/Index Information track indices and its movement continuously.

This feature facilitates user to create Portfolio which is a selected set of symbols / contracts logically grouped, as customised by the user. The portfolio can be applied to various views like Market Watch etc. The user can create multiple portfolios and switch between it anytime. The user can add new symbols / contracts in existing portfolio The user can also create dynamic portfolio for derivatives segment i.e. Futures and Options. This feature allows user to create a portfolio for symbols / contracts based on whther its In/Out or At The Money.

This feature facilitates user to add/find symbols / contracts wherever required.

This feature facilitates user to view historical data along with an option to filter available information.

This feature facilitates user to view exchangewise Auction information and allow participating in Auction Markets.

This feature facilitates the User to view combined market depth across excahnges for selected symbols / contracts.

This feature facilitates user to view market depth across exchanges based on selected criteria like value, quantity, weighted average price (WAP) etc. and to send the order.

This feature facilitates user to view news headlines. News Indicator column is available in Market Watch where system will highlight such column whenever any news is being available for respective symbols / contracts. Facility is available to view the News Story.

This feature facilitates users to open Market Watch with defined portfolio in an Excel sheet.

This feature facilitates user to view a selected Portfolio of Stocks in a Grid View wherein each of the stocks are represented in a Gradual Color Gradient from Red (indicating downtrend) to Blue (indicating uptrend). Sorting is provided based on the % Daily movement of the stock.

This feature facilitates user to create and view Option Strategy and analyze pay- offs. On the basis of analysis, user has an option to manually place orders.

This feature facilitates user to create and view spread Strategy and analyze pay- offs. On the basis of analysis, user has an option to manually place orders.

This feature facilitates User to create and send order to exchange with minimum required inputs. Easy to use shortcut keys and single click option invokes this order entry screen. User can select product type from various product types like Margin, Delivery, MTF, PTST, Intraday, Carryforward, Margin Plus, OFS etc. which are supported for trading. Various shortcut & preference based inputs are available for fastest execution.

This feature facilitates user to place order from a Grid View selected Market Watch.

This feature facilitates user to modify multiple exchange pending orders from Order Book by selecting multiple orders on single click.

This feature facilitates user to dispatch bulk order. Facility is provided to create bulk orders for group of Clients created using “Client Group Creation” feature. User can capture order manually as well as through upload Facility.

This feature facilitates user to capture multiple orders to submit later. User can capture order manually as well as through upload Facility.

This feature facilitates user to view order received from various interfaces. User has an option to manually accept / reject such orders. Accepted orders are then routed to exchange.

This feature facilitates user to view all orders and trades. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates user to view all historical orders and trades along with Order stages. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates user to place Spread order as specified by exchange in Spread Combination file. This feature also enables users to place Multi-leg orders as supported by respective exchanges.

This feature facilitates user to view all Spread & Multi Leg orders along with order stages. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates to user to place orders at his/ her convenience. Clients can place AMO orders, after market hours, which will be released in next market session. Orders placed before market opens and after BOD process are called PMO orders. Such orders will be displayed in Order book as x'mitted orders and will be released in next market session.

This feature facilitates user to convert open Position within the available Products.

This feature facilitates user to have multiple client sub-account for a single account as required in case of NRI etc.

This feature facilitates user to view net-position along with RMS parameters like MTM/etc. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates viewing of detailed information about selected Symbols / contracts like Tick size, Market Lot, and Expiry Date etc.

This feature facilitates viewing of various messages like Transaction, Market, Auction, Admin, System, Alert messages etc.

This feature facilitates user to view transaction, order confirmation, trade confirmation, auction, alert, admin, surveillance, system messages etc. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates viewing information about holding lying with client Demat account along with obligation holding at Last Traded Price. System segregates DP Holding, Pool Holding, SAR Holding etc.

This feature facilitates user to view various Risk Limits set by member for the user. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates user to view entire Net Position on Refresh Basis.

This feature facilitates user to view various Risk Parameters set by member for the user. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates viewing of list of products / features allowed for the user.

This feature facilitates user to view various Risk Limits set by member along with utilization for the user. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates user to view current position of his/ her funds viz. Deposits, Collaterals, Credits for Sale etc. as well as Limits provided to client by the trading member.

This feature facilitates user to backup various messages. Users can now create their own format for generating backup using this feature.

This feature facilitates user to set Alerts for various risk limits.

This feature facilitates user to define securities from their DP/ POOL / SAR Holding etc. to be utilized as collateral.

This feature facilitates approximation of contract wise margin requirement for Derivative contracts.

This feature facilitates user to view various Deposits set by member along with utilization for the users. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates users to see current holding cost vis a vis current market price over and above existing details. The option allows user to further filter this information based on various criteria. User can also customised the view by colums profiling.

This feature facilitates users to view client wise details related to stock watch, net position, Surveillance Watch etc. in single screen.

This feature facilitates user to view intraday chart, historical chart, continous chart etc. along with data window of multiple symbols / contracts at a time based on various periodicity along with various studies and charting tools. User is also provided a facility to create custom condition / study and configure alerts based on the same.

Under this feature user is provided with various calculators like Option Calculator, Fair Value Calculator, Pivot Point Support / Resistance Calculator, Retracement Calculator, Extension Calculator etc. to evaluate various opportunities in market and compare them with Theoretical / Fair Value / Supports / Resistances etc.

This feature facilitates user to view latest market feeds as well as 'Greeks' for the selected option contracts along with various greek parameters.

This feature facilitates user to view combined Greeks of a portfolio involving options, view simulated pay-offs based on changes in periodicity, volatility, underlying price, interest rates etc and view chart of the simulation. User can also neutralize the position by pressing neutralize button.

This feature facilitates users to view support & resistance based on various methods like Classical, Woodie, Camarilla, Fibbonacci etc.

This features facilitate user to set conditional alert for respective Symbols / contracts / Portfolios etc. System will track defined alert and trigger the same whenever defined conditions are met through various delivery channels like Message box, Balloon, Message Bar, Beep, SMS, e-mail etc.

This feature facilitates users to map the symbols / contracts within/across the exchange.

This feature facilitates users to view possible Margin Obligation/requirement for defined Position(s). This option also facilitates users to fetch tradable Quantity on the basis of available margin for selected symbols / contracts.

This feature facilitates user to customize User Interfaces with regard to color, font, view type, attributes type etc. along with facility to restore default settings.

This Feature facilitates User to customize look and feel of the screen and controls including themes, workspace, window styling, menu style etc. in the application without changing the features available in the application.

This feature facilitates user to set various default parameters for ease of use.

This feature facilitates user to customize workspace.

This feature tracks inactivity at the workstation and locks the workstation after defined period. Only authenticated users can unlock the same.

ODIN iWintouch suppports two factor authentication at Login Level as well as Transaction level. Over and above 3 rd party Tokens, Static PTN and frequency based OTP, various personal details like PAN No, Date of Birth, Mobile No etc. can be used for carrying out 2FA at the time of login / carrying out preconfigured transactions. In case of Static PTN, 2nd password or Grid of Passwords can be set by user which is challanged for 2FA. In case of OTP, user recieves password via communication channels like SMS, Email, etc on preconfigured frequencies like one time, one session, daily, weekly, etc. Option to carryout 2FA on various personal details of user like DOB, PAN, Mobile is also provided.

This feature facilitates user to define customized short cut keys for various actions.

This feature facilitates users to update latest version seamlessly so as to keep the application up to date.

This feature facilitates user to change several broadcast server settings and to reconnect / auto-reconnect the same.

This feature facilitates member to configure various URLs like that of exchanges, Regulatory Bodies etc. This feature also facilitates member to integrate other URLs like Back office Application, etc.

This feature facilitates user to configure dual mapping of interactive and Broadcast IP address in all front end applications. For any reason if the application is not able to connect through primary address then after re-tries, system shall auto switchover to secondary IP.

This feature facilitates user's to access various features by typing feature name.

Dynamic Product Configuration

This feature facilitates Member to customize various parameters like Name, Short Name, behavior, etc for all available Products in ODIN i.e. Margin, Intraday, Carryforward, MTF, Margin Plus, Delivery, PTST, etc. based on their business needs.

Research Calls

This feature facilitates Members to generate Research Calls using various platforms like Technical Advisors etc. and send the same to users who in turn can trade based on the same.

Floating Order Entry

This feature facilitates users to access Order Entry seamlessly on their device.

Single Sign On (SSO)

This feature facilitates member to have centralized authentication & session management across all applications at ODIN level.

Bracket Order

Bracket Order facilitates User to place Main Order Along with Square off Profit Order and Stop Loss Order in a Single Order Request. Along with Stop Loss, user may opt for Trailing Stop loss. On Submission on Order Request, System will first release Main Order to Exchange. On execution of Main leg order, System will send Stop loss/Profit Orders to Exchange. In case Stop Loss order triggered then System will cancel tracking of Profit Order. In case Profit Order is executed, system will cancel tracking of Stop Loss Order for appropriately executed quantity. Facility has been provided with user to either exit the position or convert the position from bracket order to other available products at any given point of time.

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With the spread of financial literacy, technology aYou can also place GTT orders in the derivatives segment. nd the internet, the appetite of Indians to invest in the stock market is growing rapidly. And to keep up with the changing market trends and consumer needs Angel One has made diligent efforts to make trading accessible to everyone.

But before we dive into buying and selling stocks, it’s important to understand the different types of orders so that you can choose the right one based on your investment objective.

An order is an instruction given by an investor to a broker to buy or sell the securities on a trading platform on his behalf.

Similarly, when you place a trade order on Angel One platform you will find the below mentioned orders on your screen. So, let’s understand what these different orders mean in the trading ecosystem.

A Market order is an order to buy or sell a security at the prevailing market price. This type of order is executed on the basis of the next available best price.

In a Limit order, you set the price at which you want to buy or sell a security- known as limit price.

In case of Limit order:

Now let’s take a look at some special order Types.

A Stop-loss order helps you limit your losses by exiting a trade, if a specified trigger price(the specific price at which your buy/sell order becomes active for execution) is reached.

In this case, once the trigger price is reached, the Stop loss order gets converted into a Market order

In this case, once the trigger price is reached, the Stop loss order gets converted into a Limit order

A Trailing Stop-loss is an order that lets you set a maximum value or percentage of loss you can incur on a trade. If the security price rises or falls in your favor, the trigger price jumps with it at the set value or percentage. If the security price rises or falls against you, the trigger price stays in place.

A Robo order is a multi-leg order used in intraday trading which allows you to place 2 more orders along with the initial order. This order type can be used to book profits at specified target prices as well as to minimise losses at a trigger price. Robo orders can be used for both buy and sell orders.

Case 1: If the initial order is a Buy order, then both the target and Stop loss orders will be Sell orders.

Case 2: If the initial order is a Sell order, the other two orders will be a Buy orders.

Placing a Robo order, investors can save time, book profits as well as minimise losses.

For instance, you want to buy shares of the Company XYZ at ₹.1,000 and want to book profit at ₹.1,050. However, you fear that the price might drop drastically if it falls below ₹.990. So, to counter this you place a Robo order with:

Once the Limit order is filled and any of the 2 following orders is triggered and executed, the remaining order will automatically get canceled.

In the above case, if the Limit order at ₹ 1,000 is executed and the market moves in favor of the investor and hits the target price of ₹ 1,050, the Target order is triggered and executed, the Stop loss order will be automatically canceled.

The Robo order also comes with a unique feature where the client can trail his losses to minimise his losses and generate the best returns out of every trade. Suppose in the above order if the client places a Trailing Stop Loss order of ₹1; whenever the stock price of XYZ goes up by ₹ 1, the stop loss also goes up by ₹1. However, the stop loss remains unchanged if the price goes down.

You can place any of the above orders under the following product types provided by Angel One.

Delivery orders refer to when you buy, take delivery of the securities and hold them in your account. After delivery, you can hold the securities for as long as you want, and choose to sell them whenever you want.

With Margin, you can use leverage to place your trade and buy stocks by paying just a fraction of the total trade value.

Margin Product allows you to place your order with a minimum required margin and the rest will be funded by Angel One, similar to a short term loan facility

With Margin order, securities can be purchased in delivery only.

Angel One allows you to increase your Buying Power by 4x limit

So if your Ledger Balance is ₹ 25,000, you can invest in securities up to ₹ 1,25,000 using Margin order with ₹ 1,00,000 funding from Angel One

Intraday orders refer to buying and selling of securities on the same day before the market closes.

In case you do not close an intraday open position, they are automatically squared off before the close of the market as per the schedule below:

With Angel One, you can obtain the following validities (time frame during which the order remains valid in the market) for your order.

An Immediate-Or-Cancel (IOC) order gets executed immediately. You can place a buy or sell IOC order. However, any portion of the order that cannot be fulfilled immediately gets canceled.

Eg: You place an IOC order to purchase 100 shares of the Company XYZ. Since its an IOC order:

A Day order can get executed anytime within the market hours of the same day once there is a matching order.

Eg: You place a Day order to purchase 100 shares of Company XYZ at ₹ 10 per share. Since it’s a Day order, the order can get filled anytime during the market hours of the same trading day once it finds a matching order.

GTT order stands for Good Till Trigger order. GTT order allows you to  buy or sell orders at a predetermined limit price. These orders are executed if the market price of the stock reaches your specified price also known as Trigger Price before the GTT order expires.

A GTT order is a limit order where the product type can be delivery or margin. You cannot place GTT orders in the intraday product type. You can also place GTT orders in the derivatives segment. In this case the GTT order will be executed as a carry forward type order and order expiry will be as per contract expiry date.

To know more about GTT order click here

If your busy schedule doesn’t allow you to place a trade during market hours, Angel One provides you a special order type called After Market Order (AMO).

Spread orders are normally executed in the Futures segment and look at capitalizing on the difference between the prices of the executed legs referred to as the "Spread".

1) Calendar Spread: Involves entering into long & short position of the same underlying asset with 2 different expiry periods.

For example: Assume Reliance July futures with an expiry date of 30 July 2020 is trading at 1800 and August futures dated 27 August 2020 trading at 1900. You feel that this difference of 100 points between both the months is quite a bit and this will reduce to 60 points in the next few days, how do you profit from this idea? The idea is to profit without taking any naked directional risk, i.e., immaterial of the market going up or down, you should be able to profit if this difference between both the futures reduces from 100 to 60 points.

This situation can be used to implement Calendar spread in two different orders:

When the difference is lesser than 100 points, you make profits, and if the difference is more than 100 you make losses.

Below are the steps involved in placing a spread order from TTexe platform:

In the image below, we can see that Reliance Futures July is buy and Reliance Futures August is sell. The difference in points is given in price as 100. A standard market lot size is 505 units.

For example: The margin required for 1 lot of Nifty is around INR 1.45 lakhs, so in case you have 2 lots the margin requirement should ideally be INR 2.9 lakhs.

But because this is a calendar spread the margin requirement for both the positions together due to the reduced risk is only INR 20000 and not INR 2.9 lakhs.

2) Inter commodity spread: Trading and trying to cash in on the difference between 2 closely derived Commodity contracts.