Interactive Brokers TWS API message code
Interactive Brokers TWS API message code: 109 (price out of percent range)
The error, as text you can copy
109- Kind
- TWS API message code
- Where you meet it
- In the TWS API, not in the Web API and not in an HTTP status
What does 109 (price out of percent range) mean on the Interactive Brokers API?
Listed by the vendor as "Price is out of the range defined by the Percentage setting at order defaults frame. The order will not be transmitted". The price entered is outside the range of prices set in the Order Precautionary Settings of TWS or IB Gateway. The message says the order will not be transmitted.
Risk warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. You can lose money on these products, and each provider publishes its own loss figure under FCA rules. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Automated and API trading can amplify losses through bugs, connectivity failures and runaway orders.
How do I fix 109 (price out of percent range)?
Check the price sent, and the percentage in the Order Precautionary Settings of TWS or IB Gateway.