Is this true regarding iceberg orders?


I read this note while placing iceberg order. Is this true? Please share some external links if possible.

Hi Pratik, Iceberg orders for Dhan are different than what few other brokers offer. With usual Iceberg orders, after execution of one leg and confirmation by exchange, then the second leg is sent for execution. In case of Dhan, we slice the Iceberg order instantly and send all legs to exchanges at the same time so you get time priority.

We earlier launched the usual Iceberg order, later moved to the instant slicing version of Iceberg orders.