Multi-legged order entry in currency futures from tomorrow: BSE

NEW DELHI: Leading stock exchange BSE will launch multi-legged order entry facility for its currency derivative segment from tomorrow.

The facility enables a trader to place a combination order comprising more than one order across different derivative contracts.

The exchange has informed its trading members that the multi-legged order entry facility in the currency derivatives segment will come into effect from Monday, September 14.

A multi-legged order can contain a minimum of two order legs and a maximum of four.

According to the bourse, the facility can be used by traders to execute trades across different futures and options contracts, up to four order legs at the same time.

BSE, last week, introduced a roll-over facility in its securities lending and borrowing (SLB) scheme, a move that will increase participation in such market.