Short answer
Your orders will be rejected if quantities exceed 1,00,000 when:
The market lacks sufficient depth to fulfil the order quantity.
The order would match with more than 10,000 outstanding orders in the market depth.
Using non-regular order types - only regular orders allow quantities above 1,00,000. Iceberg and Cover orders are limited to 1,00,000 quantity under all circumstances.
How to resolve this error
Reducing order quantity: Place orders with quantities below 1,00,000.
Using the sticky order window: Place multiple orders quickly using the sticky order window feature.
Splitting orders with Iceberg: Break large orders into smaller orders automatically using Iceberg orders.
Creating basket orders: Place multiple orders together using the basket order feature.
Related
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