Cover
* Second leg order prepopulate while placing first leg order.
* Order quantity will be the same for both legs of the transaction.
* Trades done cannot be converted to delivery.
* Maximum order quantity cannot be more than the sum of open top 5 bid/ask quantity.
* Margin is calculated to the extent of maximum possible loss that you may incur i.e. difference between the executed price and the limit price plus a cover margin % specified for that stock.
Intraday
* Second leg order can be placed only after execution of first leg.
* Order quantity can be different for both the legs.
* Trades can be converted to delivery.
* No limit on order quantity.
* Margin is specified by Axisdirect