Yes, your Futures and Options (F&O) order can fail for the following reasons:
- Insufficient Funds: Orders placed after the market closes may fail by 9:15 AM the next trading day if your account doesn’t have enough funds.
- Invalid Order Details:
- The price must follow the tick size rule, which means it should be in multiples of specific values.
- The quantity must match the contract’s lot size.
- Orders may fail if the trigger price is outside the exchange's allowed range.
- Expired or Invalid Contracts: Orders cannot be placed on expired or invalid contracts.
- Exceeded After Market Order (AMO) Limit: A maximum of 100 AMO orders can be placed per day. Exceeding this limit will cause order failure.