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What does the order rejection “RMS: Auto Square Off Block” mean?

RMS: Auto Square Off Block.

MIS orders can’t be placed after the RMS auto square off time i.e after 3:20 pm for equity markets, 3:25 pm for equity derivative markets 4:45 pm for currency markets, 11:05 pm for commodities.

If a user tries to place MIS orders after the respective cut off times the order will be rejected & the above error will be displayed

Related articles

  1. Why is my intraday position not auto squared off?
  2. Zerodha's RMS policy: Squaring off positions for Margin Trading Facility (MTF)
  3. I never called Zerodha to place an order, why am I still charged call and trade charges?
  4. Why does Zerodha square off positions?
  5. What are the auto square-off timings for open intraday positions?

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