Cover Order Rejection

[Sanket]

@Tharun_Reddy

That means we cannot trade?

That’s right

"Securities Under Ban" What does this mean? Can we trade in intrady equity and F&O in these scrips which are banned?

For any security if its derivative contracts crosses 95% of Market wide position limits (MWPL) then that security will be under ban for F&O.It means the combined open interest of all option and future contracts for all the months taken together for that particular underlying crosses 95% of MWPL. Once a stock is under ban, one can trade in that particular contract only to offset his/her existing position but not allowed to open or add a new contract, simply saying one can not take a trade which …