Market Protection on WebNotes

Market price protection in ATO (Alert Triggers Order)

Sun, 21 Jun 2026 00:00:00 +0000

Market price protection in an Alert Triggers Order (ATO) is the control on Kite that converts the market order placed by the ATO into a limit order if the price moves outside a set protection range, so an order placed automatically when an alert fires cannot fill at a freak price far from the market. An ATO is a Zerodha feature, launched on 16 September 2024, that links a basket of orders to a Kite alert and sends those orders to the exchange the moment the alert is triggered, without further action from the trader.

Market price protection on the Kite order window

Sun, 21 Jun 2026 00:00:00 +0000

Market protection on the Kite order window is a Zerodha feature that fills a market order quickly at the best available price but converts it into a limit order if the price moves outside a set protection range, so a market order cannot fill at a freak price far from the last traded price. A freak trade is an execution at a price far above or below the prevailing market, usually caused by a thin order book or a fat-finger order; market protection caps how far from the current price a market order is allowed to fill.

The new order window on the Kite mobile app

Sun, 21 Jun 2026 00:00:00 +0000

The redesigned order window on the Kite mobile app is Zerodha’s reworked single screen for placing a trade, adding amount-based ordering, an in-window read-out of available funds, required margin and approximate charges, plus market protection, automatic order slicing and remembered settings, so a trader confirms the cost and the funding of an order without leaving the screen. It replaces an older window that required a separate trip to a funds page to check margin and forced a manual quantity calculation.