Why is my additional MTF buy order being rejected even though I have a sufficient cash balance in my trading account?

Your MTF buy order may be rejected despite having sufficient ledger balance due to the following:

• Client-level MTF exposure limit:
  As per Shoonya MTF policy, each client is assigned a maximum MTF exposure limit. If your existing MTF positions have already utilised this limit, additional fresh MTF buy orders will not be allowed. But allowing you to square off your existing MTF stock at any time. 

Rejection sample- RED:RULE:{MTF Buy Exposure with Realized Loss}Current:INR xxxx Set:INR xxx for C-ABCD [Shoonya] 

• Maximum allowable exposure Limit exhausted or breached:

MTF funding is subject to the funding limits and regulatory guidelines applicable to the Shoonya. In certain situations, fresh MTF purchase orders may be temporarily unavailable if the available Maximum allowable exposure Limit capacity has been fully utilised.

Please note that this does not affect your existing MTF holdings. You may continue to monitor, hold, or square off your existing MTF positions at any time.

Once additional Maximum allowable exposure Limit capacity becomes available, eligible fresh MTF purchase transactions will resume as per the applicable guidelines and internal risk management policies. For this reason, you may receive the below-mentioned rejection message while placing a fresh MTF purchase order: 

Rejection sample- (RED:RULE:{ MTF Buy Exposure with Realized Loss}Current:INR xxxx Set:INR xxxx for B-FINV^finv [MTF])

For any assistance regarding MTF order eligibility or funding availability, please contact our support team.

Note: In the above circumstances, Shoonya shall not be liable for any loss, damages, missed opportunities, or compensation claims arising from the rejection or restriction of MTF orders due to client-level exposure limits or broker-level funding constraints, etc. The client shall be solely responsible for managing their trading activities and associated risks accordingly. 

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