I am trying to trade in NSE scrips but my request is getting rejected, the message displayed on screen is RMS: Blocked for nse_cm NRML branch- WEB-09643 block type: ALL

Your order was rejected because you selected the incorrect product code for your order. The following product code should be used for trading different market segments. MIS : For intraday trading in Cash/Equity, F&O and Currency Derivatives. MIS stands for Margin Intraday Square-off. CNC: For Cash/Equity Delivery orders. CNC stands for Cash And Carry. NRML […]

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What do the order product types MIS, CNC and NRML mean?

When placing an order, you need to select a product code. These product codes identify the category of the order. For example, you can place the below mentioned order types, CNC – For trading Equity in delivery MIS – For trading Equity & F&O in intraday NRML – For trading F&O, Currency and Commodities for overnight […]

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