Zerodha platform issue

srreedhar2001

Dear Zerodha Team / Sujit,

Upstox API is much better then you guys. Frequently orders are getting rejecting by giving the below reasons (On banknifty). I need to stop my code.

Migrating the code to Upstox. No trading from Monday onwards on Zerodha API.

RMS:Rule: Option Strike price based on Ltp percentage for entity account-XXXXXX across exchange across segment across product

Thanks,
Sridhar

srreedhar2001

Its not even giving for 2% up or down. Very bad

rakeshr

Hi @srreedhar2001
Above order is rejected, because there is a restriction on Banknifty options strikes range due to a violation of broker level open interest of 15% from exchange.We can't do much on this.For details, you can visit this link.
For orders related query, you can write to [email protected].

srreedhar2001

But same is not rejecting for other brokers.

sujith

You can check out more details about this here.

rakeshr

It's per broker level , maximum of 15%.Visit this link on nse, for more details.