Why was my order rejected? | Robinhood (2024)

FAQs

What does it mean when an order is rejected? ›

Rejected Order means an Order which the Dominant Provider is unable to deliver and which is cancelled at the instigation of the Dominant Provider; Sample 1.

As such, an order can be rejected in the case that the limit price is too high or too low compared to the last traded price. Worst-Case Execution Scenario: If your market order has been rejected this may be because the worst-case execution scenario exceeds your available to trade amount.

Orders can be rejected for various reasons, such as insufficient margin, incorrect usage of order type, unavailability of the scrip for trading, stock group changes, and more. The specific reason for rejection is displayed in the order book.

The most common cause is that the price you entered is either too close or too far away from the current or closing market price. The purpose of limit buy orders is to buy shares at the current market price or lower.

If the supplier cannot fulfill a purchase order or individual purchase order items, he or she can reject the purchase order or purchase order items. All items of the purchase order or the purchase order item receive the item status Rejected .

In most of the cases, parcels refused by the consignee will be returned to the sender. Nevertheless, this varies from one company to another. Some courier firms might contact the sender and keep the parcel stored in their depot until the situation is clarified.

One of the reasons for order cancellation is its expiration. When order is placed Time in Force can be selected. There are four options: Day, Week, Month and GTD (Good till date) in Paper Trading.

Too far from market If the price for a security moves and an open order price is too far from the last traded price, the order may be cancelled by the exchange. You can check the status of an order and the reason an order is cancelled or purged via the platform: Log in to the Share Investing platform.

If you place an order outside of a market's trading hours, it will only be executed once the market opens again. When demand vastly exceeds supply, or vice versa, a delay in execution may occur. One way to detect low liquidity is to look at the candle price chart.

Cancelled/rejected orders

The order price is too far from the last traded price (read more about the Anomalous Order Threshold here) The security has been suspended, delisted, or reconstructed. A market-wide trading halt is impeding available market data for a security.

Why would an order be rejected on Robinhood? ›

However, if you set a stop order for a stock at its current price, we'll reject your order. Additionally, if you set a stop order that would execute immediately (e.g. a buy stop order below the current market price or a sell stop order above the current market price), we'll reject your order.

The reason buy stop orders get rejected if placed below the current market price, and the reason sell stop orders get rejected if placed above the current market price, is because those are circ*mstances when a trader must use limit orders.

Rejection Order means a final, non-appealable Order of the Bankruptcy Court rejecting all Excluded Contracts, in form and substance reasonably satisfactory to Buyer.

If any orders placed by the client are not matched on the exchange, meaning they are not executed, the exchange will cancel all pending orders after the market closes. In such cases, the client will need to place their order again for the next trading session.

First, your limit order will only trigger when market pricing meet your desired contract amount. If a security is trading above your buy order or below your sell order, it will likely not fill until there is price action on your security. A limit order can only fill if a security has liquidity.

Rejected Goods means any Goods that are found on delivery, or upon installation where installation is required, or during the Warranty Period to be: Sample 1. Rejected Goods has the meaning given under Clause 55.2 of Schedule 11 of these Call-off Terms and Conditions; Sample 1.

Commonly, the credit card is declined because the customer does not have sufficient funds available, the issuer bank has a hold on their credit card, or the payment gateway didn't receive the payment information quickly enough due to an error that occurs in the data transfer.

This means the payment has not been successful.

Q: What does “rejected proposed order” mean? A: A rejected proposed order typically means that there was a problem either with the filing of the order or with the documents submitted to the court. Often, filing paperwork for the same estate can accidentally be filed as a new case, causing both filings to get rejected.