Future Month's Ask Bid price returned as Zero

razcads

Hi,
I have noticed these errors for sometime now on some scripts.
Take TATAELXSI18FEBFUT for example. During the day till almost 9:30 am the ask and bid price for this is returned as 0 even though the LTP has a valid price. Due to this programmatically placing orders for such futures is not possible.

Why are next month contract bid/ask prices not populated at 9:15 when market opens? Is this a bug?
What price should I use in such cases for order placement?

Thanks
Ravi

sujith

If there is no bid and ask then it will have values as 0. You can send price as LTP while placing orders.

sujith

Since it is far month contract, it seems like it is not that liquid.

razcads

Thanks but it seems weird as if bid/ask price is 0.. system should accept any price is place for that script whether it is buy or sell.. but that's not the case.. would have expected a minimum bid/ask price for such scripts where there is volume. So there's nothing much that can be done then ?

sujith

Since there are no bid and ask, there is no marketdepth.

razcads

ok thanks @sujith !