MArket orders blocked

pramodb
Due to illiquidity...market orders r blocked. How do we identify which all "options" are open for Market orders? say for example in Bank Nifty at any given time?
  • sujith
    @pramodb,
    Market orders are not allowed for any stock options. It is allowed only for Index options.
  • pramodb
    Sujith, am talking about Index. Banknifty n Nifty50. Why should you block?
  • pramodb
    under what criteria is it blocked
  • sujith
    For Index options, market orders are allowed only for three-month contracts, if you are placing an order for contracts whose expiry is post that then you will have to place limit order.

    This is not an API limitation. This is a restriction by RMS. You can contact RMS here for further queries.
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