Market Price Protection (MPP)
What is provisional margin and why is it blocked?
The margin shown for a market order is initially calculated using the current LTP. However, because the order may need to be executed at the MPP-protected price, an additional amount is temporarily blocked as provisional margin. This additional ...
How is the MPP percentage decided?
The MPP percentage is not the same for every order. It is determined based on: Exchange Trading segment Instrument type Option premium or price band, where applicable The applicable MPP percentage is used to calculate the protected price and the ...
What happens if the market moves beyond the MPP range?
If the market price moves beyond the allowed protection range, your order will not be executed beyond the protected price. As a result, the order may: Remain partially executed Remain unexecuted Continue waiting for the market price to return within ...
What does “Your order is MPP Protected” mean?
The message means that your market order will be considered within a defined price range around the current Last Traded Price (LTP). The protection works differently depending on the order side: For a buy order, the protected price is set above the ...
What is Market Price Protection (MPP)?
When you place a market order, it is intended to execute immediately at the best available market price. However, the actual execution price can differ from the price you see on screen, especially when: The market is moving quickly The stock or ...