What are the different Product Codes seen in the Order form?


'CNC, NRML, MIS, CO are the product codes in Cash Segment'



Delivery Based    

These are orders which are not squared off on the same day


Intraday             

Intraday orders are those which are squared off on the same day and nullified


CNC                   

CNC or Cash and Carry are the orders backed with full margin if bought or with full holdings if sold 


NRML                 

They are generally used while executing Derivative order


MIS - Margin Intraday Square off

These are intraday orders with leverage benefits. They are to be covered before 3.15pm (or earlier as Navia decides depending on Market scenario) or when the position hits 50% of Mark to Market loss whichever is earlier. 


Click here to know how much leverage can be taken under MIS


CO - Cover Order

This is also an Intraday product, but carries an additional feature of placing stop loss along with the order price. They are to also to covered before 3.15pm (or earlier as Navia decides depending on Market scenario) or when the position hits 50% of Mark to Market loss whichever is earlier.


Click here to know how much leverage can be taken under Cover Order

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