Why are intraday (MIS/CO) orders not allowed for some stocks?
Intraday orders may be restricted for certain stocks due to regulatory guidelines and risk management. Reasons include:
Market Volatility:
During high volatility, intraday orders might be temporarily restricted to prevent excessive losses.
Low Liquidity:
Stocks with low liquidity may have intraday orders restricted for smooth order execution.
Circuit Limit Range:
Stocks with a narrow circuit limit range may see blocked intraday orders to prevent price fluctuations.
IPO Listing Day:
On IPO listing days, intraday orders may be temporarily restricted to manage risks during high market volatility.
High Margin Requirement:
Stocks with high margin requirements may have intraday trading blocked to avoid margin penalties.
Regulatory Restrictions:
Certain stock categories, like Trade-to-Trade, ASM, GSM, or Unsolicited SMS, are restricted from intraday trading due to regulatory constraints.
For more details on product types, including CNC, MIS, and NRML, refer to the relevant section. If you have questions, reach out to our support team at 080-40204020 or email us at help@TradeJini.com.