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Interactive Brokers TWS API message code

Interactive Brokers TWS API message code: 342 (pegged order unsupported)

The error, as text you can copy

342
Kind
TWS API message code
Where you meet it
In the TWS API, not in the Web API and not in an HTTP status
API
Interactive Brokers

What does 342 (pegged order unsupported) mean on the Interactive Brokers API?

Listed by the vendor as "Pegged order is not supported on this exchange". The vendor says all order types and supported exchanges can be reviewed on its Order Types and Algos page.

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.

Independent and unofficialinteractivebrokers.github.iochecked

How do I fix 342 (pegged order unsupported)?

Check the Order Types and Algos page for an exchange that supports the pegged order.