technology

Zerodha adds six new features to Kite to simplify order placement


Brokerage firm Zerodha has introduced six new features on its trading and investment platform, Kite, to make order placement easier for users.

Founder and chief executive officer Nithin Kamath announced the update on X, highlighting key enhancements such as order slicing, available margin display, a new basket icon, and more.

Key updates on Kite:

Order slicing: Large orders are now automatically split into smaller parts if they exceed exchange limits. For example, Nifty orders can be divided into up to 20 slices, each containing 1,800 quantities, allowing users to trade up to 36,000 quantities without manual intervention.

Available margin: Users can now see their available funds directly in the order window, eliminating the need to switch tabs to check margins before placing an order.

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Market depth: Market depth data is now accessible directly in the order window, making it quicker for users to check stock details without navigating away from their current screen.

Remember F&O quantity: Kite now remembers the last entered quantity for a contract and automatically fills it in when the order window is reopened, streamlining the process for frequent traders.

Market protection: This feature helps prevent market orders from being executed at unexpected prices in volatile conditions by setting a predefined range around the current market price.

The new Basket icon: Users can now open and manage baskets from anywhere on the Kite platform, allowing them to quickly build and execute multiple orders with just a few clicks.

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These updates aim to enhance the trading experience on Kite by reducing steps and making critical information more accessible.





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