Iceberg Accepting Wrong-LotSized Quantity

shivdas_b

Hi @sujith & @rakeshr ,

I just tried to punch an iceberg order with 3802 QTY, it punched well without any issues. (for NIFTY)
I am curious Why Does API accepted that order at first place?
secondly What will happen once it start executing?

Order-Details :
[+] Order Placed BUY NIFTY22O2017300CE, NRML, LIMIT, quantity=3802, price=0.05, trigger_price=0, iceberg_legs=3, iceberg_quantity=1300 , id#221014000902573

Thanks & Regards,
@shivdas_b

shivdas_b

Also No Validation for Minimum 5 lots :
[+] Order Placed BUY NIFTY22O2017300CE, NRML, LIMIT, quantity=125, price=0.05, trigger_price=0, iceberg_legs=2, iceberg_quantity=100 , id#221014001172893

(Personally I Consider this is good- Please do not remove this)

rakeshr

I just tried to punch an iceberg order with 3802 QTY, it punched well without any issues. (for NIFTY)
I am curious Why Does API accepted that order at first place?
....quantity=3802, price=0.05, trigger_price=0, iceberg_legs=3,

3802 qty gets split into no. of legs steps(3 here), so it's within the freeze qty(2801). Go through this article to know more about iceberg order.

shivdas_b

@rakeshr, I gone through article you have shared (still I am not getting following answer)
what will happen to my 3rd leg ?

leg1 -> 1300
leg2 -> 1300
leg3 -> 1202 (will system consider it as 1200 qty or it will reject my order due to invalid lot size)