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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