Modify Cover Order

Modify COVER order uTrade provides the feature to modify open cover orders. When it comes to Cover Orders, the user can adjust the Limit Price for an open target order or modify the stop loss price for any active stop loss order. It's important to note that while modifying a stop loss order, the limit price will remain unaltered. Similarly, if you decide to modify a profit order, the stop loss price will not be updated. This approach to modifying Cover Orders emphasizes precision in trade management, allowing traders to adapt their positions while ensuring critical price levels are maintained to mitigate risks effectively.

Method: PUT

{{SERVER_URL}}/api/V2/orders/CO

Headers

Content-Type	Value
Authorization	{{AUTH_TOKEN}}

Request Body: URL Encoded

Param	Value
clientID	Required in case of dealer
appOrderID	The system generated unique order number
orderQuantity	Order Quantity is the number of Sell or Buy orders
limitPrice	The limit price is the specific price at which a trader is willing to buy or sell a financial instrument, such as a stock, bond, or commodity futures contract. It plays a crucial role in various types of orders, especially limit order
stopPrice	A stop loss price is a price in a stop order that triggers the creation of a market order. In the case of a Sell on Stop order, a market sell order is triggered when the market price reaches or falls below the stop price.

Response: 200

{
    "code": 200,
    "description": "Request Sent",
    "result": {
        "AppOrderId": 2101100004,
        "ClientId": "CA492"
    },
    "type": "success"
}