16418 : Order with Invalid attributes rejected by the system error Zerodha

Started getting the dreaded 16418 : Order with Invalid attributes rejected by the system error with Zerodha this morning. Apparently this error will usually pop up only when the client tries to put a buy or sell order during the pre-open i.e. in between 9:00 and 9:07 am.

However Zerodha’s pi trading terminal showed me this error message when I tried to put the buy / sell order after 9:15 am i.e. the normal start of the market. The error message persisted a good 30 minutes from 9:15 am (which is aeons from a day trader’s perspective). And it magically solved by itself when I sent an email to the Zerodha support team.

Of course I may or may not get some sort of halfhearted reply from the support team.

Good going Zerodha!

Update: I received a detailed email from the support team highlighting the issue. They are also offering the remedial measures. Check it out and apply the measure the next time you get the error.

16418 : Order with Invalid attributes rejected by the system error solution zerodha

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