Does zerodha allows order value of only 999999999 for USDINR futures i.e only somewhere around 1408 lots when price is 71.
Why can’t zerodha allow retail client to buy 10000, 50000 lots of USDIN?
Dear Ashish_21
As per the exchange broker is allowed to place single order value less than 10cr per order in derivatives segment , it’s rule set from the exchange, a client can place multiple order for the same.
Also if any client exceeds more than 15000 qty in USD, he needs to provide exposure certificate for the underlying.
For more info please refer to below link
https://www.nseindia.com/products/content/derivatives/curr_der/position_limits.htm
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