CO order getting executed as MIS

ramatius

Hi,
The below PHP API call is resulting in MIS order instead of a CO,

$order_id = $kite->orderPlace([
"price" => "0",
"validity" => "DAY",
"variety" => "co",
"tradingsymbol" => "EURINR17DECFUT",
"exchange" => "CDS",
"quantity" => 5,
"transaction_type" => "BUY",
"order_type" => "MARKET",
"trigger_price" => "",
"product" => "MIS"
], "co");

This is as per the example given here for CO.

There was no error in API call.

Please advise.

sujith

Hi,
We tried the following code and it seems to be working fine.

$order_id = $kite->orderPlace(["tradingsymbol" => "INFY","exchange" => "NSE",
"quantity" => 1, "transaction_type" => "BUY", "order_type" => "MARKET", "product" => "MIS",
"trigger_price" => 1020, "validity"=> "DAY"], "co");

ramatius

Did it fire a Cover Order or MIS? The API call I've quoted, has fired a MIS order, not CO. It would be great if you can check for CDS and MCX. Appreciate your help on this.

ramatius

@sujith this is a serious issue for us. Please check. Today also it has created MIS trades instead of CO.

sujith

Yes, it went through as a cover order. It seems to be working fine.

$order_id = $kite->orderPlace(["tradingsymbol" => "EURINR17DECFUT","exchange" => "CDS", "quantity" => 1, "transaction_type" => "BUY", "order_type" => "MARKET", "product" => "MIS", "trigger_price" => 76.15, "validity"=> "DAY"], "co");

ramatius

Found the issue - it is internal; the change in order_type has triggered the MIS logic before it hit the CO part of the code.

Many thanks for the quick answers @sujith !