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Order Rejected

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Order Rejected

Hi there I'm doing a bit of tax loss selling and also slowly reducing my holdings in discount broker Bell Direct (because their app is terrible). Anyway, today I tried to sell KGL "at market" / "market to limit" and the order keeps getting rejected due to "price discovery". Do you know what this means? Sorry if this question is after the deadline. I am in Bali so 2 hours behind. Thanks John

Answer

Hi John,

It sounds like you were trading in the opening or closing match and at market orders or market to limit orders cannot be submitted. You can only use a limit order, not market to limit in the opening or closing auction.

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