Place MTF order via API (75% funds from upstox feature?)

Developer API
1

This is regarding the query on Placing MTF order via API, one of the features in MTF is where 75% funds are from upstox, how to enable the option where 75% funds are from upstox (i understand you can do it from the App) via Place order API both in sandbox and live Envt , is there any documentation around this?

Please find the snippet of the code i am using below, thanks

https://api-sandbox.upstox.com/v2/order/place
https://api-hft.upstox.com/v2/order/place

headers = {
    'Content-Type': 'application/json',
    'Accept': 'application/json',
    'Authorization': f'Bearer {access_token}'
}
data = {
    "quantity": quantity,
    "product": "MTF",
    "validity": "DAY",
    "price": price,
    "tag": "string",
    "instrument_token": instrument_token,
    "order_type": order_type,
    "transaction_type": transaction_type,
    "disclosed_quantity": 0,
    "trigger_price": trigger_price,
    "is_amo": False
2

Any update on this issue from the Upstox developers?

3

Any update on this issue from the Upstox developers?, Reminder1

4

@jayanth_41069973 There is no dedicated API to enable/disable the MTF product. If MTF is already enabled on your account, please ensure that the instrument you’re trading is eligible for MTF.

You can verify this by referring to the MTF Instruments List.

Additionally, please note that MTF functionality is only applicable in live/market mode. It cannot be utilised in sandbox mode.

5

got it thanks for info , looks like MTF is activated in my account as i see that in positions ss below

image
image582×244 14.1 KB

now i want to place order an MTF based instrument via place order API (LIVE) and lets take an example of IDEA share , SS attached

image
image371×879 41.9 KB

based on above explanation , while placing the Place order API (LIVE) , what should i mention the price in below api query? is it 2.93/share, wherein remaining 3.99/share (Actual share price 6.92 - MTF share price 2.93) is automatically invested by upstox?

headers = {
‘Content-Type’: ‘application/json’,
‘Accept’: ‘application/json’,
‘Authorization’: f’Bearer {access_token}’
}
data = {
“quantity”: quantity,
“product”: “MTF”,
“validity”: “DAY”,
“price”: price,
“tag”: “string”,
“instrument_token”: instrument_token,
“order_type”: order_type,
“transaction_type”: transaction_type,
“disclosed_quantity”: 0,
“trigger_price”: trigger_price,
“is_amo”: False

6

@jayanth_41069973 You just need to pass the product = MTF and the actual price of share you wanted to trade.