If ever you have found yourself shuffling between BSE and NSE exchanges to get the best price for your buy or sell order than the requirement needs to be ceased forthwith as Kotak Securities has become the first broker to introduce a facility called Smart Order Routing or SOR which allows an investor to automatically execute a trade at the best available price across multiple exchanges (currently NSE and BSE).
Smart Order Routing
The system automatically lets the investors and traders buy at the lowest price and sell at the highest price available across exchanges, at the time the order is placed eliminating the need to manually search for a better price while placing an order.
It is good for the traders that these brokerage houses are being innovative and it means that you will get the best deal for your orders. It is worthwhile to mention here that the Kotak Securities Trading account gives you the freedom to invest in Shares, Mutual Funds, IPOs and Derivatives at the click of a button.Now you can trade intraday with hot stock of the day and benefit all the more as you will be getting the best execution price.
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