My Portfolio:

Advantage AxisDirect

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

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