This message means your cumulative trading turnover for the day has crossed the daily limit set on your Samco account.
Why does this happen?
Every Samco account has a daily turnover limit configured by the RMS (Risk Management System) as a risk control measure. This limit is based on the total value of all trades executed during the day not just a single order. If your cumulative turnover for the day exceeds this limit, any further orders will be rejected.
For example, if your account has a daily turnover limit of ₹20 Cr and you have already traded worth ₹19 Cr during the day, placing a fresh order worth ₹2 Cr will get rejected since the total would cross ₹20 Cr.
What you should do
If your trading requirement for the day genuinely exceeds your current limit, you can reach out to our customer support team to request a review and extension of your daily turnover limit. Alternatively, you can reduce the quantity of your order so that the total turnover stays within the limit.
Easy & quick
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