Order Limit

SharadKothari

I understand that there is "account level limit of 2000 MIS orders per day and 2000 BO/CO per day limit."

1. Please clarify whether 2000 is separately for MIS and BO limit (meaning combined limit of 4000 orders) or combined limit is 2000 orders.

3. Also whether Stop Loss (SL) or Limit order is counted when placed or when executed.

3. If the SL or Limit order is cancelled after placing, whether it would still be counted for 2000 limit.

sujith

@SharadKothari,
You can check out this article to know more.

Every request to place an order is included in the count.

Canceling an order will not reduce the count.