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What is the disclosed quantity feature and how to use it?

The disclosed quantity feature in CubePlus, when placing equity orders, enables users to reveal only a portion of the total order quantity to the market at a time, as reflected in the market depth.

With this feature, as one part of the order gets executed, the next part is then disclosed to the market, allowing for a phased approach to trading large orders.

This functionality proves beneficial for users dealing with substantial quantity, as it helps in reducing impact costs and facilitates better execution by disclosing only a portion of the large order in the market depth. The disclosed quantity can be any value more than 10% of the total quantity of the order to be placed. For E.g., if you want to buy 1000 shares of XX company you can place a disclose quantity of any quantity which is greater than or equal to 100.

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