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What does the error “RMS:Lt rate not found for rule: Check price based on LTP for Buy and Sell Orders for entity account-[ID]across exchange across segment across product” mean?

This error is shown when an order is placed for an instrument whose closing price or Last Traded Price (LTP) hasn't been updated by the exchange. The price of these instruments is not shown because they have not been traded.


After the exchange updates the closing price, or LTP, the orders for these instruments will go through.