The ATM option contract sell market order through API was rejected.

chethanthewarrior
Sell market order for ATM option contract(NIFTY22O0617050CE) through API was rejected at 9:19:57 with the following warning:
"The market order was rejected since there are no trades in this instrument. Try placing a LIMIT order"
What is the understanding behind this?
What's the exact reasoning behind the rejection?
  • chethanthewarrior
    restarting the script, the execution was successful on the same instrument. no additional logs were saved.
  • rakeshr
    rakeshr edited October 2022
    "The market order was rejected since there are no trades in this instrument. Try placing a LIMIT order"
    What is the understanding behind this?
    This was introduced last month based on this circular from the exchange.
    restarting the script, the execution was successful on the same instrument
    There was an issue for few minutes in morning at market open as highlighted in this bulletin. Once it was resolved, orders started going fine.
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