Client-wise position limit exceeded in currency derivatives

Sun, 21 Jun 2026 00:00:00 +0000

The “client-wise position limit exceeded” error in currency derivatives fires when an order would push your gross open position in a currency pair past the per-client limit the exchange sets on a PAN basis. For USD-INR the cap is the higher of USD 10 million or 6 per cent of the total open interest in USD-INR contracts, measured across every broker where you trade, not per account. The limit is a SEBI and exchange risk control on concentration in the currency segment , enforced by NSE and BSE clearing, not a Zerodha house rule.

Client-Wise Limit on WebNotes

Client-wise position limit exceeded in currency derivatives