This message appears when the trigger price you entered in your Stop Loss (SL) order is too far from the current market price of the stock. Why does this happen? The Samco app has a maximum allowed gap between your trigger price and the current market price. This is a […]
What does “Your order was rejected since you do not own any holdings. You can sell shares only if you hold existing positions” rejection means ?
This message appears when you are trying to sell shares that are not currently showing in your holdings on the Samco app. Why does this happen?There are a few reasons this rejection can occur: 1. You bought the shares today (T+1 settlement) In the cash market, shares you purchase are […]
What does “The Option Symbol is not available for trading in CO / BO product category” rejection mean and why did my order get rejected?
This message means the specific options contract you are trying to trade is not available under Cover Order (CO) or Bracket Order (BO) on the Samco app. Why does this happen? Not all option symbols are eligible for CO or BO. Eligibility is determined by the exchange and Samco’s RMS […]
What does “When the initial leg of your cover order is rejected, the corresponding stop loss order is also rejected” rejection mean and why did my order get rejected?
This message means both parts of your Cover Order were rejected, the main order as well as the stop loss that comes with it. Why does this happen? A Cover Order works in two parts: the first leg is your main buy or sell order, and the second leg is […]
What does “You can’t place intraday orders in the last half hour of trade” rejection mean and why did my order get rejected?
This message means you are trying to place an Intraday (MIS), Bracket Order (BO), or Cover Order (CO) after the Samco app has stopped accepting new intraday orders for the day. Why does this happen? In the last 30 minutes of the trading session, the Samco RMS system starts the […]
What does “Your order was rejected because you do not own any holdings purchased via MTF” rejection mean and why did my order get rejected?
This message appears when you try to sell shares under MTF but you do not have any holdings that were bought through MTF on the Samco app. Why does this happen? MTF (Margin Trading Facility) is a feature that lets you buy shares using borrowed funds. Shares bought through MTF […]
What does “The stock is not available for trading in this product category” rejection mean and why did my order get rejected?
This message means the stock you are trying to trade is not eligible for the product type you selected on the Samco app. Why does this happen? Not all stocks are available under every product type. Some stocks are restricted from Intraday (MIS), Cover Order (CO), or Bracket Order (BO) […]
What does “Value of the order exceeds the limit set for your account” rejection mean and why did my order get rejected?
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 […]
What does “Your trading account has inadequate funds to execute the order” rejection mean and why did my order get rejected?
This message means your Samco trading account does not have sufficient funds available to place the order you attempted. Why does this happen?There are a few reasons your available balance may be lower than expected: 1. Your account balance is genuinely insufficient The total cost of your order including the […]
What does “NRML orders are not allowed for cash market” rejection mean and why did my order get rejected?
When you place an order on the Samco app, you need to select a product type, Delivery (CNC), Intraday (MIS), or Overnight (NRML). If you selected Overnight (NRML) while trying to buy regular shares, your order will be rejected with this message. Why does this happen? Overnight (NRML) is only […]
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