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.
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