What is Spread order?

A spread is defined as the sale of one or more futures contracts and the purchase of one or more offsetting futures contracts. A spread tracks the difference between the price of whatever you are long and whatever you are short. The steps to place a spread order are given below:

  1. Go to the Trade Menu and select Spread Buy Order Entry.
  2. Select the Exchange, Instrument, Symbol, Sell Expiry, Buy Expiry, and Quantity.
  3. Click on Submit.

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