Discontinuation of Stop Loss Orders in Multiple Segments
EffectiveDate
The Bombay Stock Exchange (BSE) has made the decision to discontinue stop loss market orders from October 9, 2023.
Change Type
Effective October 9, 2023, investors will no longer be able to place stop loss orders.
Affected Segments
This change impacts multiple segments, including equity, equity derivatives, currency derivatives and commodity derivatives.
Purpose
Discontinuing SL-M orders enhances trading stability by preventing accidental executions during market volatility or technical issues.
Action Needed
Traders and investors should be aware of this change and adjust their trading strategies accordingly.
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