Your F&O order may have been rejected due to the following reasons:
1. Insufficient Margin: You did not have enough margin to place the order. The required margin is displayed on the order card when placing an order. Ensure sufficient balance to avoid rejection.
2. Price or Order Issues:
- Price Outside LPP Range: Your order price was outside the Last Price Point (LPP) range set by the exchange to avoid extreme trades.
- Unreasonable Stop-Loss Price: The stop-loss price was too far from the current market price.
- Invalid Order Details: Incomplete or incorrect details like quantity, price, or order type.
3. Risk Management:
- Expiry Day Restriction: As per Groww’s RMS policy, fresh positions in stock options cannot be taken after 10 AM on the expiry day.
- RMS Auto Square-Off Block: The Risk Management System (RMS) blocked your order due to market volatility or position limits.
- Fresh Sell Positions Blocked: Selling fresh positions in certain securities or options was restricted based on market conditions.
4. Contract Restrictions:
- Scrip in Ban Period: The security was under a ban due to volume limits being exceeded.
- Inactive Contract: The contract was not actively traded.
- SL-M Orders Blocked for Options: Stop-Loss Market (SL-M) orders are restricted for options to manage risks during high volatility.
- Long-Dated Contracts Blocked: Certain exchanges disallow trading in long-dated contracts.