Unable to place MARKET order through Alice Blue API – EC965

API
1

Hi Team,

I am testing order placement using the Alice Blue API.

When I place a LIMIT order, the API accepts it and returns a brokerOrderId.

However, when I try to place a MARKET order using:

{
  "exchange": "NSE",
  "instrumentId": "14366",
  "transactionType": "BUY",
  "quantity": 1,
  "product": "INTRADAY",
  "orderComplexity": "REGULAR",
  "orderType": "MARKET",
  "validity": "DAY"
}

I receive:

{
  "status": "Ok",
  "message": "Success",
  "result": [
    {
      "status": "EC965",
      "message": "Market orders are not allowed.",
      "brokerOrderId": ""
    }
  ]
}

I am able to place MARKET orders manually through the Alice Blue trading platform.

Could you please confirm:

  1. Are MARKET orders currently blocked specifically for API orders?
  2. If yes, is this restriction applicable to all Alice Blue API users?
  3. Is there any account/API activation required to enable MARKET orders?
  4. If MARKET orders are not supported through API, should we use LIMIT orders instead?

Please clarify the current supported behaviour for MARKET orders through the API.

Thanks.

2

Hi @Greekslabs_IT,

Request you to please raise a support ticket with your Client ID and a brief description of the issue. Once raised, kindly share the ticket number here for our reference.

We will forward your query to the concerned team, who will look into the issue and work towards resolving it at the earliest.

3

Hi Team,

I have raised a support ticket regarding the MARKET order API issue.

Ticket Number: #2150823

The issue is regarding EC965 - Market orders are not allowed while placing MARKET orders through the Alice Blue API.

Kindly forward this to the concerned team and update me once checked.

Thanks.

4

Hi Team,

Just an update regarding this issue.

I had already raised a manual support ticket earlier:
Ticket #2150823

As advised, I also emailed the API team regarding the same MARKET order issue, and a new support request was generated:
Ticket #2151010

Both tickets are regarding the same issue: EC965 - Market orders are not allowed for MARKET orders through the Alice Blue API.

Kindly refer to either ticket and forward it to the concerned API team.

Thanks.