GTT - Market Protection

Saleem
From today onwards, If I am placing a GTT order - Single sell, I am getting this error...
"Market Protection is required for MARKET orders. GTTs fire unattended and must have price protection."

How do i enable market protection while setting the GTT?

Thanks,
Saleem
  • nagavenij
    GTT orders, once triggered, will place a limit order. You can refer to the GTT support article for more details on the order flow and functionality.

    Please note that market orders are not supported through API for general orders. For use cases requiring market-like execution, you can use Market Protection, which helps manage execution while providing protection against significant price impact.
  • Saleem
    I am not sure, I understand, why I cannot place MARKET orders for Stop Loss.
    In simple terms, I want to exit, the moment the LTP goes below a certain price. I am not sure, I understand, why should I place a LIMIT type order?
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