please advise on below scenario how our order execution status would be,
#1. Lets say im placing buy order at market price on BANKNIFTY options, but no sellers are available at the specific point of time due to some month end expiry with huge movement post 3.10 pm. In this case our order ll get rejected or ll be in open status with any fixed price like (with LTP), incase if our order is open, will it be fixed price of any conditions or it ll keep on gets increased whenever circuit broken and enters into next set of circuit? please kindly brief it more with your answers.
1. do you mean market order is not enabled for bnf options? i dont think so, i can able to place market order on BNF options from kite web. 2. or do you mean when sellers are not available, my buy order at market price will get rejected? If so wat kind of error message ill get ?
i would appreciate, if you clarify clearly, so that i can design my code.
Slight correction, For index options, market orders are allowed & for Stock options, market orders are not allowed. When sellers are not available in that case your Buy order will become limit order at price of last LTP.
1. do you mean market order is not enabled for bnf options? i dont think so, i can able to place market order on BNF options from kite web.
2. or do you mean when sellers are not available, my buy order at market price will get rejected? If so wat kind of error message ill get ?
i would appreciate, if you clarify clearly, so that i can design my code.
For index options, market orders are allowed & for Stock options, market orders are not allowed.
When sellers are not available in that case your Buy order will become limit order at price of last LTP.