What is the disclosed quantity feature and how to use it?

The disclosed quantity feature in CubePlus, when placing equity orders, enables users to reveal only a portion of the total order quantity to the market at a time, as reflected in the market depth.

With this feature, as one part of the order gets executed, the next part is then disclosed to the market, allowing for a phased approach to trading large orders.

This functionality proves beneficial for users dealing with substantial orders, as it helps in reducing impact costs and facilitates better execution by disclosing only a portion of the large order in the best bids and offers displayed in the market depth.