Saxo API error code
Saxo API error: IllegalInstrumentId
What does IllegalInstrumentId mean on the Saxo API?
The instrument is unknown. Saxo's description is Unknown instrument name. Saxo lists this among the error codes of the order placement endpoint.
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 unofficialdeveloper.saxochecked
How do I fix IllegalInstrumentId?
Check the Uic and AssetType against the reference data.