What are Open Interest Limits?
Along with abiding to the initial margin requirement mandated by the exchange, brokers are also subject to position limits. Open Interest (OI) is a figure that informs you how many futures or options contracts are outstanding (open) in the market currently. For customers, there is an OI limitation of 5% of the total number of all derivative contracts for the same underlying and a 15% OI restraint for brokers. You can visit the NSE website to look up for more information.
Why is there a mismatch of profit and loss and the quantity of my open positions on InstaTrade and the Neo App/Web?
When I have squared off my positions, why are they still reflecting as an open positions on InstaTrade?
Why was the InstaTrade square-off order rejected?
If I modify or cancel my InstaTrade orders from the Neo App/Web, will it update on InstaTrade as well?