Order Rejections
Why was your order rejected?
This message simply means that when you sell shares from your MTF holdings, you won’t be able to buy back the same stock using MTF on the same day, as per system rules.
But don’t worry! If you’d like to trade the same stock again on the same day, you can easily do so by:
🔹Converting the sell position to Intraday by maintaining an upfront margin of 20%, excluding the sell benefit received in the account.
🔹Placing a buy as intraday/trading against the sell position (converted one).
This allows you to continue trading seamlessly without restrictions for the same day.
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