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Resend: how do I send a rejected order again?

Resend an order: Resend opens a sheet with the broker's reason, what filled, the live price and your broker funds, and lets you choose how many shares to send again.

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1:07 video
5 chapters
Basic view
Captions, voice and music

Watch: Resend an order

Resend sits beside a rejected order.

Resend: how do I send a rejected order again?

5 chapters, 1:07, with voice and music

Screens from the RupeeCase app on sample data. Strategy figures are model, back tested, as of the date on screen. Formula and example numbers are illustrative.

5In this screen

Every button the video points at.

A still from each chapter with its buttons and fields numbered. Pick a number to zoom in on it; hover the still for a close up; Esc shows the whole screen again. Sample data, no order is placed.

Chapter 1: Where it is

Where it is: the RupeeCase app on a phone, sample data, numbered markers on the buttons listed beside it

Where it is: the RupeeCase app on a desktop, sample data, numbered markers on the buttons listed beside it

Resend sits beside a rejected order.
Shown in the video, not on this still

Chapter 2: What it means

What it means: the RupeeCase app on a phone, sample data, numbered markers on the buttons listed beside it

What it means: the RupeeCase app on a desktop, sample data, numbered markers on the buttons listed beside it

The broker's reason comes first.
Shown in the video, not on this still
Filled, can resend up to, the live price and your broker funds.
Shown in the video, not on this still
The order value; fewer shares wait for the next rebalance.
Shown in the video, not on this still
Resend order would send the order to your broker again, with the quantity and limit price set in this sheet. It works only in the trading window, 09:20 to 15:10 IST on weekdays. After it is sent the app watches for the fill; no Resume is needed. The video does not press it.
Shown in the video, not on this still

Where it is

ScreenPortfolio, Orders tabBasic

The Resend button beside a Rejected order in the Orders tab, on a portfolio whose task stopped. It shows only when no part of that order is still open at the broker.

Index in this video: Midcap (strategy page).

What it means

Resend opens "Resend order". It shows the broker's rejection, the order (side and stock), Filled, "Can resend up to", the live price and "Broker funds available". You choose the quantity (up to the shares not filled) and a limit price, which starts at the live price. The sheet shows the order value; if you send fewer shares, "The remaining N share(s) will not be re-ordered, the next rebalance restores the target weight." Resend order sends only that order and the app watches for the fill; no Resume is needed.

The formula

Order value = quantity x limit price. The price is rounded to the stock's tick (Rs 0.05 for most) before it goes to the broker.

As computed in the RupeeCase app

Can resend up to = target shares - filled shares (a sell: no more than the portfolio holds)
Limit price: starts at the live price, rounded to the tick
Order value = quantity x limit price
Shares not resent: left for the next rebalance

Worked example

Example only

Rejected: buy 40, filled 0; live price Rs 238.35
Broker funds available Rs 14,250: 40 x Rs 238.35 = Rs 9,534
Or resend 30: Rs 7,150; 10 shares wait for the next rebalance

How to read it

"Broker funds available" is read from your broker as the sheet opens; it does not block the order.
The quantity box cannot go above "Can resend up to".
A success message ends "Watching for the fill"; the row updates by itself.

Watch out

Resend works only during the trading window, 09:20 to 15:10 IST on weekdays.
On a Live portfolio Resend order places a real order at your broker.
If any part of the order is still open, use Adjust price or Cancel order instead.

Transcript

Tap Sound on for voice and music. These are the captions of the video, chapter by chapter.

0:00Where it is. Resend sits beside a rejected order.
0:07What it means. The broker's reason comes first.
0:45Worked example. Worked example, example only: Rejected: buy 40, filled 0; live price Rs 238.35. Broker funds available Rs 14,250: 40 x Rs 238.35 = Rs 9,534. Or resend 30: Rs 7,150; 10 shares wait for the next rebalance.
0:51How to read it. How to read it: "Broker funds available" is read from your broker as the sheet opens; it does not block the order. The quantity box cannot go above "Can resend up to". A success message ends "Watching for the fill"; the row updates by itself.
0:57Watch out. Watch out: Resend works only during the trading window, 09:20 to 15:10 IST on weekdays. On a Live portfolio Resend order places a real order at your broker. If any part of the order is still open, use Adjust price or Cancel order instead.

Terms in this tutorial

OrdersThe buy and sell instructions sent to your broker while a top up, withdrawal or rebalance runs.
Broker cashThe cash you can spend in your own broker account right now.
Market hoursThe hours when NSE and BSE trade shares, 9:15 am to 3:30 pm on weekdays that are not holidays.

Learn it in depth

TKeep watching

Next tutorial.

0:54Next tutorial, When something goes wrongCancel order: how do I drop a stuck order?Cancel order cancels a stuck order at your broker first, then skips that leg. Resume afterwards to close the task. Here is when it shows and what it does.Watch next

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Education only, not investment advice. Screens are recordings of the RupeeCase app on sample data. Strategy figures are model, back tested and after estimated charges, as of the date on screen; they are not client returns and not a promise of future returns. Formula and worked example numbers are illustrative. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd; it is not a mutual fund, a PMS, an AIF or a SEBI registered investment adviser. Trades execute through your own SEBI registered broker and the shares sit in your own demat. Investments in securities markets are subject to market risks.