Why is my order rejected stating, "The disclosed qty for the symbol should be multiple of lot size (<set_variable>)"?

This rejection message occurs when the disclosed quantity of your order does not comply with the specified rules. Here’s a detailed explanation:

Disclosed Quantity Rules:

Equities (EQ): The disclosed quantity should be at least 10% of the order quantity and cannot exceed the order quantity.
NSE Commodity (NCOM): The disclosed quantity should be at least 10% of the order quantity.
Futures and Options (FNO): Disclosed quantity is not allowed.
MCX: The disclosed quantity should be at least 25% of the order quantity.

Multiple of Lot Size: The disclosed quantity must be a multiple of the lot size specified for the symbol. This ensures the order aligns with market regulations and trading practices.

For example, if you are placing an order for 1000 shares of a stock, the disclosed quantity should be at least 100 shares (10%) and should be a multiple of the lot size, e.g., if the lot size is 10 shares, disclosed quantity can be 100, 200, etc.

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Order Rejection Due to Disclosed Quantity Not Being Multiple of Lot Size

Why is my order rejected stating, "The disclosed qty for the symbol should be multiple of lot size (<set_variable>)"?

Related Articles

What is disclosed order quantity?

What are the lot sizes in Currency and Cross-Currency Derivatives?

Why is my order rejected stating, "Provide a valid trigger price for placing an order. Your trigger price should be less than the LTP."?

Why is my order rejected stating, "Insufficient margin due to peak margin rule. Your available balance is ₹<amount> and your peak margin required is ₹<amount>."?

Why is my order rejected stating, "The strike price is beyond the allowed intraday execution range. Either place Intraday order within range (Upper range - ₹<amount> & Lower range - ₹<amount>) or try with Overnight"?