I'm getting an error “RMS:Blocked for T bse_cm MIS broker- ZERODHA block type: ALL”, what does it mean?
RMS:Blocked for T bse_cm MIS broker- ZERODHA block type: ALL
T group stocks aren’t allowed to be traded intra day. If a stock is purchased it can only be sold after the T+2 settlement happens.
Thus MIS orders in such stocks are blocked, the order will be rejected & the above error will be displayed.
The margin calculator contains the list of stocks on which MIS is allowed.