Basket Orders

A basket order enables you to place multiple orders in futures and options contracts together. The margin requirement for a basket order is computed by treating the entire group of orders as a single entity. Due to this, a basket containing a set of offsetting orders may require lower margin than placing the same orders individually.

Basket orders

Key points to note about basket orders

• Basket orders are supported for portfolio margin.

• A basket can comprise of only futures and options on the same underlying. It is not possible to create a basket which has contracts with different underlying.