Anonymous
Made an order for a stock purchase on OCBC IOCBC platform but i got this rejection that i totally don't understand why. Tried to look for the Trading representative but didn't pick up my calls.
Entire day of Friday the IOCBC 1800 hotline is fully engaged all the time. Damn. Kindly advise! Thank you!
Rejection Reason: Long Daily Capital has been exceeded for this stock (GL037)
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Gabriel Tham
16 Mar 2020
Tag Team Member at Kenichi Tag Team
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It probably means that only sell orders will be allowed. Too many people are buying it and probably not enough scripts to allocate for the buy.
What were you trying to buy? Was it CFD, futures or some DLC? I don't think a normal stock will have this issue.