Under the new facility, the trader will purchase or sell a variety of different futures and options at the same time, which otherwise would need separate orders for different contracts.
The move will help the trader incorporate more advanced derivatives trading strategies. Besides, the trader would need to pay sales commission only once, as against the current practice of multiple fee payments.
"It has been decided to make the functionality live in equity derivatives segment with effect from Monday, August 3, 2015," BSE said in a circular.
The exchange, in May, had said that facility would be launched on July 20.
With this facility, a trader can place orders across two, three or four contracts through a single combination order.
A maximum of four legs can be entered in a multi-leg order and execution of all legs would be linked with each other.
"Each leg of the multi-legged orders shall be executed in the ratio of its order quantity, either fully or partially," BSE said.
Explaining by way of example, it said if the order comprises of a buy order for 400 in one leg and a sell order quantity of 300 in the second leg, then the trades would be executed in the ratio of 4:3, or else the order will be cancelled.