Unable to place market order

[pkrawat1]

Market order is being rejected due to zero price, but price was sent correctly

Request

%{
  exchange: "NSE",
  symbol_token: "15313",
  trading_symbol: "IRB-EQ",
  transaction_type: "BUY",
  variety: "NORMAL",
  quantity: "2",
  product_type: "DELIVERY",
  price: "45.65",
  order_type: "MARKET"
}

Order status response

%{
   "updatetime" => "10-Jan-2024 14:41:12",
   "symboltoken" => "17520",
   "filledshares" => "0",
   "lotsize" => "1",
   "producttype" => "DELIVERY",
   "status" => "open",
   "ordertag" => "",
   "quantity" => "1",
   "exchange" => "NSE",
   "uniqueorderid" => "18f1ad44-8419-4bb9-a934-1547d02c0959",
   "trailingstoploss" => 0.0,
   "parentorderid" => "",
   "orderid" => "240110001320140",
   "expirydate" => "",
   "stoploss" => 0.0,
   "duration" => "DAY",
   "exchtime" => "",
   "exchorderupdatetime" => "",
   "variety" => "NORMAL",
   "text" => "",
   "orderstatus" => "",
   "fillid" => "",
   "optiontype" => "",
   "transactiontype" => "BUY",
   "disclosedquantity" => "0",
   "price" => 11.4,
   "unfilledshares" => "1",
   "tradingsymbol" => "RTNPOWER-EQ",
   "averageprice" => 0.0,
   "filltime" => "",
   "instrumenttype" => "",
   "triggerprice" => 0.0,
   "strikeprice" => -1.0,
   "cancelsize" => "0",
   "ordertype" => "MARKET",
   "squareoff" => 0.0
 }}

[pkrawat1]

@Moderator_2 @administrators Any documentation for market order, that specifies that price should be set to zero for market order ?

I was able to make the api work, after adding a market order check before sending the params. For market order with price zero. The api is working now.

[pkrawat1]

@Moderator_2 @administrators
If I don't send the the order with price for market order. Then too got the issue.

{
   "duration": "DAY",
   "exchange": "NSE",
   "ordertype": "MARKET",
   "price": "519.8",
   "producttype": "DELIVERY",
   "quantity": "1",
   "symboltoken": "10793",
   "tradingsymbol": "SYRMA-EQ",
   "transactiontype": "BUY",
   "variety": "NORMAL"
}

response

{
   "updatetime": "",
   "symboltoken": "10793",
   "filledshares": "0",
   "lotsize": "1",
   "producttype": "DELIVERY",
   "status": "",
   "ordertag": "",
   "quantity": "1",
   "exchange": "NSE",
   "uniqueorderid": "b0e6db30-c10f-499e-beb5-69dc6c52a18a",
   "trailingstoploss": 0,
   "parentorderid": "",
   "orderid": "",
   "expirydate": "",
   "stoploss": 0,
   "duration": "DAY",
   "exchtime": "",
   "exchorderupdatetime": "",
   "variety": "NORMAL",
   "text": "",
   "orderstatus": "",
   "fillid": "",
   "optiontype": "",
   "transactiontype": "BUY",
   "disclosedquantity": "0",
   "price": 519.8,
   "unfilledshares": "1",
   "tradingsymbol": "SYRMA-EQ",
   "averageprice": 0,
   "filltime": "",
   "instrumenttype": "",
   "triggerprice": 0,
   "strikeprice": -1,
   "cancelsize": "0",
   "ordertype": "MARKET",
   "squareoff": 0
}

[pkrawat1]

@Moderator_2 @administrators I had same issue for another order, which was not in upper circuit limit.

Request

{
   "duration": "DAY",
   "exchange": "NSE",
   "ordertype": "MARKET",
   "price": "523.05",
   "producttype": "DELIVERY",
   "quantity": "1",
   "symboltoken": "10793",
   "tradingsymbol": "SYRMA-EQ",
   "transactiontype": "BUY",
   "variety": "NORMAL"
}

Response

{
   "updatetime": "07-Feb-2024 11:07:29",
   "symboltoken": "10793",
   "filledshares": "0",
   "lotsize": "1",
   "producttype": "DELIVERY",
   "status": "rejected",
   "ordertag": "",
   "quantity": "1",
   "exchange": "NSE",
   "uniqueorderid": "58260661-00dd-40a0-b7cf-98986d594c3c",
   "trailingstoploss": 0,
   "parentorderid": "",
   "orderid": "240207000587714",
   "expirydate": "",
   "stoploss": 0,
   "duration": "DAY",
   "exchtime": "",
   "exchorderupdatetime": "",
   "variety": "NORMAL",
   "text": "Market orders with non zero price not allowed",
   "orderstatus": "rejected",
   "fillid": "",
   "optiontype": "",
   "transactiontype": "BUY",
   "disclosedquantity": "0",
   "price": 523.05,
   "unfilledshares": "1",
   "tradingsymbol": "SYRMA-EQ",
   "averageprice": 0,
   "filltime": "",
   "instrumenttype": "",
   "triggerprice": 0,
   "strikeprice": -1,
   "cancelsize": "0",
   "ordertype": "MARKET",
   "squareoff": 0
}

[pkrawat1]

@Moderator_1 But the same when I tried using the AngelOne mobile app. It went into open order. But with api it always went to rejected.

[Moderator_1]

Hello @pkrawat1,
This is because of Upper Circuit. On checking our logs we found out that the order with

"orderid" => "240110001320140",

was successfully executed at backend but could not be placed because of the Upper Circuit.

We thank you for being an active user and reporting issues to help us serve you better.

Thank you
Regards
SmartAPI Team

[Moderator_1]

This post is deleted!

[pkrawat1]

@Moderator_1 Any update for this ? Thanks

[Moderator_1]

Hello @pkrawat1,

I'll get it checked tomorrow with our tech team. Thanks for reporting this issue.

Thank you.

Regards
SmartAPI Team

[pkrawat1]

@Moderator_1

[pkrawat1]

@Moderator_1 Does it have to do with upper circuit ?? The stock was on upper circuit limit

[pkrawat1]

@Moderator_1
This my own elixir sdk I created which helps calling the api
https://github.com/pkrawat1/trade_galleon/blob/36d0f9918a27008d563f79d6ff196b83516d29c9/lib/trade_galleon/brokers/angel_one.ex#L107

[pkrawat1]

@Moderator_1 Here is the code open sourced https://github.com/pkrawat1/angel-trading/blob/master/lib/angel_trading/api.ex#L83

The place order works for limit order but not market order

[pkrawat1]

@Moderator_1
You can check that in response, all the fields are correct. Still it got rejected with no error in "text" field

[pkrawat1]

@Moderator_1
This is elixir language code, It automatically converts this to json.
This same code is working for placing limit orders. But only fails in case of MARKET order.

[Moderator_1]

Hello @pkrawat1,

This looks like a parsing error. Please enclose the keys in the request body inside "" so that it can be interpreted as a String, i.e. "exchange" instead of exchange.

If you still have any issue, please let us know.

Thank you.

Regards
SmartAPI Team