Comment on Basket Orders - ZT

Vaibhav Vatkar commented on 26 Nov 2017, 03:47 PM

3 Buy Limit Orders were placed for the same scrip
Exchange: NSE. Scrip: BHEL. Order Type: Limit. Qty = 244. LIMIT Price = ₹ 0.00. Trigger Price = ₹ 0.00, P Type = MIS.
But still Basket Order Facility passed it as Market Order, even though when it was showing Limit Order in the window.

For Demo purpose I have emailed you video with a live real trade where the same error happens.

Also I hope you are well aware of the halt in NSE trading that occurred on 05th Oct 2012 due to erroneous basket sell order from Emkay Global.
This scenario where limit orders are converted to market order has all the potential to replicate it…

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