Today I had placed Sl-M order for 5 lots of GBPUSD July Future at 15.20 hrs with a trigger price of 1.3235. I had a buy position of 5 lots of GBPUSD before placing this order.
To my utter surprise I find this order got executed at 16.39 hrs.
At 16.39 hrs neither NSE or international markets showed any abrupt movements in GBPUSD and market prices were nowhere close to my trigger price. In NSE at that time GBPUSD was quoting around 1.3265. Hypothetically speaking, even if the price got triggered , my 5 lots got executed at an average price of 1.3184 ( 3 lots @1.3182 ! Which is 51 pips lower. This means in NSE suddenly there was no buyer in the NSE for the said instrument and for 5 lots it has to go down a good 51 pips....Check the NSE low of GBPUSD today..its my order which got executed that is showing...
very very strange incident.. already lodged complaint with the broker as well as NSE.....Thank god it was a trial trade and quantity was only 5 lots...
To my utter surprise I find this order got executed at 16.39 hrs.
At 16.39 hrs neither NSE or international markets showed any abrupt movements in GBPUSD and market prices were nowhere close to my trigger price. In NSE at that time GBPUSD was quoting around 1.3265. Hypothetically speaking, even if the price got triggered , my 5 lots got executed at an average price of 1.3184 ( 3 lots @1.3182 ! Which is 51 pips lower. This means in NSE suddenly there was no buyer in the NSE for the said instrument and for 5 lots it has to go down a good 51 pips....Check the NSE low of GBPUSD today..its my order which got executed that is showing...
very very strange incident.. already lodged complaint with the broker as well as NSE.....Thank god it was a trial trade and quantity was only 5 lots...