Order Rejections
Why was your order rejected?
This usually appears on expiry day due to the following reasons:
🔹For Stock Futures: Only Intraday orders are allowed on expiry day.
🔹For Stock Options: No fresh orders are allowed (both Intraday and Delivery). You can only square off existing positions.
🔹For Commodity Futures: Creation of new positions is blocked one day before the Tender or Devolvement Period begins.
🔹For Commodity Options: On expiry day, only Intraday orders are allowed. You can square off existing positions, but new positions are not permitted.
Please check contract details before expiry to plan your trades accordingly.
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