Can anyone please explain 2000 orders limit per day ?
Does it count buy and sell both side ?
Only one side ?
Or does it also count order modification ?
And also want to know about 1 lakh shares limit per order.
If I buy 1 lakh shares multiple times of same company. Can I exit position at once or do it by selling 1 lakh shares.
siva
July 13, 2020, 2:00pm
3
All orders put together should be 2k.
It doesn’t include trades, one can place 1 lakh quantity in one order and it is counted as 1 only.
Max quantity per order is 1 lakh.
1 Like
siva
July 13, 2020, 2:15pm
6
I have also said max quantity allowed per order is 1 lakh.
Didn’t something happen in the past with OMS where someone placed a big order and it got executed in a 100,000 different transactions which bogged the system down for whole day and to prevent that rare scenario, max quantity per order was capped to 20000?
Now it’s up to 1 lakh from 20000, is that risk with OMS eliminated fully?
siva
July 14, 2020, 12:58am
8
Yeah, we did some changes.
Yes. But what happen if I selected multiple stock to exit at same time and few stock has more quantity than 1 lakh.
siva
July 14, 2020, 4:41am
10
Those above 1 lakh will be rejected.
Any plans to increase 2000 orders limit per day ?
siva
July 14, 2020, 5:09am
12
Yes, if the orders are genuine we will, you can mail to me @tsiva @zerodha.com mentioning the ID.
2 Likes
siva
July 20, 2020, 10:16am
14
Nope, order will be rejected while placing.
Can you increase this limit for particular users like you said about orders.
siva
July 21, 2020, 4:45am
16
Can’t increase quantity per order limit but soon we are coming out with basket orders, one can place multiple orders at a time.
Where can I read about limit for F&O ?
ShubhS9
September 3, 2020, 1:24am
19
Quantity Freeze? Explained on Exchange website .
Okay. What is this. Can you explain ?
ShubhS9
September 3, 2020, 3:24am
21
If Index Level is between 0 to 5750, Freeze Quantity is 15000, it means you can Buy/Sell that many quantities in one order.
So on and so forth for others.
You can download the “File for Quantity Freeze”, that file contains Quantity Freeze data for all F&O contracts.
Do other brokers have this quantity limit per order.
I just want to know why does zerodha has this limitation for 1 lakh quantities ?
siva
September 14, 2020, 4:50pm
24
Now you can use basket order to fire multiple orders at same time, quantity restriction should not be a concern.
It takes to time to create basket add quantities and clone it. it would be easier if we do not have limit with quantities.