Super order displays lot size in Futures and Options:
But not in commodities:
Why so? Am I reading it correctly or missing something?
AFAIK, Dhan yet to implement TV in MCX
Hi @Shally
Yes, your observation is correct. Across all Dhan platforms, commodities are handled in lots. This is because commodities are traded only in derivatives, as spot trading is not available, and quantity-based inputs do not add any practical value.
PS: Unlike Nifty, Bank Nifty, Sensex or stock F&O, we do not talk in terms of lot sizes when dealing with commodities.
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Hi @Naman
I do agree with you. My main intention was to get how much change in PnL happens if the price change by 1 rupee.
In Nifty/Bank Nifty/Sensex/FnO tickers of stocks, that is equivalent to the lot size which is present in super order window.
However, when it comes to commodity futures, that is not the case. In case of copper, per rupee change results in 2500 change in PnL; in aluminium it is 5000 while for Natgas it is 1250 while still different for other commodities.
Thus, it gets difficult to trade without knowing lot size. And thus, I wanted that super order window should have that information. By the way, that information is present in Dhan native order window. Refer the two screenshots placed below:
Effectively, this lot size in super order window is just quantity. As we increase the quantity, it also gets increased.
By the way @Naman, if you see, the margin required being shown in both the windows is also different for the same contract. Not sure, why is that?
Hi @Shally
Just I just checked in live markets. Both the orders window has same margin requirements.
Just confirm and let me know if you find otherwise. Make sure you have same exchange open in both the windows, (sometimes we compare MCX contract with NSE commodity, which has poor liquidity)
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