What does the error “The quantity is higher than the maximum allowed quantity of 55,347” mean?
The quantity is greater than the maximum quantity permitted, i.e., the freeze quantity. You will come across the above message on Neo when you place an order with a quantity that is higher than order freeze quantity. It is the highest quantity you can buy or sell per order.
The freeze order is set by the exchanges. If you wish, you can check this NSE link (Refer to Quantity Freeze) to know more about the freeze quantity for all the stocks.
In case, you want to place orders that are higher than the prescribed freeze quantities, then you will need to do it via multiple orders.
The quantity is greater than the maximum quantity permitted, i.e., the freeze quantity. You will come across the above message on Kotak Stock Trading App App when you place an order with a quantity that is higher than order freeze quantity. It is the highest quantity you can buy or sell per order.
The freeze order is set by the exchanges. If you wish, you can check this NSE link (Refer to Quantity Freeze) to know more about the freeze quantity for all the stocks.
In case, you want to place orders that are higher than the prescribed freeze quantities, then you will need to do it via multiple orders.
What is a Buyback/Takeover/Delisting?
My order is getting rejected with the following error – ‘Order price is outside the trade execution range. Try placing the order again
My order is getting rejected with the following error – ‘The order was rejected to avoid self trade. Try placing the order again’.
Why was the stop loss executed even though the price did not breach the trigger?