Why my market orders placed in BSE and NSE are getting cancelled?


The market orders placed in BSE and NSE get cancelled in the below two scenarios: 


  • If the Market order placed does not have any counter orders
  • If the order was modified from Limit to Market order and there are no counter orders
  • If the market order is out of range. 


The order status codes for these cancelled orders will be CLBV or PECLBV





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