What is a multi-leg order?
A multi-leg order involves taking multiple positions in a single trade. They are used to enter complex trading strategies in the derivatives segment and allow simultaneous placement of buy and sell orders with more than one strike, expiration, etc.
They allow simultaneous order placement to enter derivatives trading strategies, instead of having to place individual orders. They are mainly used for strategies such as straddle, strangle, butterfly, etc.
Learn how to place a multi-leg order on TraderX.
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