Why margin required for exiting Normal BUY orders?

mukesh_Chaudhary
I had placed buy order for BANK NIFTY weekly[6th May] option call and put both having strike price of 32600. When i tried exiting through API, my sell order was rejected and it said Insufficient funds. Why do i need fund to exit Normal buy orders.

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  • mukesh_Chaudhary
    Reason for order rejection is:

    Why do i need fund to exit buy orders?

  • rakeshr

    The reason for the margin requirement is it's considering SELL as a short sell order rather than an exit order.
    We can also see here that, you are trying to place an exit order within the next 2 seconds of the buy order. Can you verify from order_history of the required buy order that, it was COMPLETED before sell order placement?
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