# Order Rejected RMS Rule

**URL:** https://tradingqna.com/t/order-rejected-rms-rule/18068
**Category:** General
**Created:** [August 2, 2017, 8:37am UTC](https://tradingqna.com/t/order-rejected-rms-rule/18068 "2017-08-02T08:37:16Z")
**Posts on this page:** 1
**Showing post:** 2

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### Author: ![BharatW](https://tradingqna.com/user_avatar/tradingqna.com/bharatw/32/3886_2.png) [@BharatW](https://tradingqna.com/u/BharatW)
#### Post date: [August 2, 2017, 9:19am UTC](https://tradingqna.com/t/order-rejected-rms-rule/18068/2 "2017-08-02T09:19:42Z")

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> [@gls05](#):
>
> I am getting a notification of order rejection

There is a restriction on Banknifty options strikes range due to a violation of broker level open interest of 15%.  
The range for today, Wednesday, 2 Aug 2017 is 2%.

Banknifty currently is at 25160. You can trade option strikes plus or minus 2% from this ltp, which is +/- 500 points.

Refer to this [NSE link](https://www.nseindia.com/products/content/derivatives/equities/violations.htm) for more explanation on open interest violations.

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