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What is the difference between limit price and SLTP price that ICICI Securities Ltd would specify for a cover order?

April 26, 2017cover ICICI limit price securities SLTP specify

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What is the difference between limit price and SLTP price that ICICI Securities Ltd would specify for a cover order?

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ICICI Securities Ltd would define the difference depending upon the volatility of the scrip and the market conditions prevalent. This percentage could be revised by ICICI Securities Ltd even during the day. Existing orders would be unaffected by the revision but however if the orders are modified the revised percentage would apply.