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How to use the basket order feature on CubePlus App?

To create a basket order on the CubePlus App, follow these simple steps:

  1. Open the CubePlus App.
  2. Click on "Orders."
  3. Select the "Basket" option.
  4. Tap on "Add Basket."
  5. Choose "Add Scrips."
  6. Add your preferred assets.
  7. Swipe on "Execute."

Execution - By executing a basket, the orders are placed in the sequence listed in the basket. However when options buy and sell are placed in the basket, buy order will get precedence over sell order for enabling hedge benefit in margin. To check the status of individual orders within the basket, review the CubePlus order book. This allows you to determine if the orders have been placed, executed, or rejected.

Margins - The required margin is the amount needed to place all orders in the basket. The final margin is the amount blocked in the trading account after order execution. The required margin varies based on the sequence of individual orders, while the final margin remains constant.



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