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In this Discussion
July 2018
rakeshr
Not able to buy BANKNIFTY12JUL1826500PE
aharish
July 2018
in
General
Hi,
I am trying to place BUY order for BANKNIFTY12JUL1826500PE but my order is getting rejected with following error message:
RMS:Rule: Option Strike price based on Ltp percentage for entity account-DH1389 across exchange across segment across product
It has huge volume traded. WHy should RMS reject my order?
Please help.
rakeshr
July 2018
@aharish
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
.
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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.