- I'm receiving error messages regarding Active Order Limits, what does that mean?
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- Use cases where assistance with system access is required
- TWS Message: Order price relative to the market.
TWS Message: "limit on concurrent pegged-to-stock and volatility orders exceeded"
Übersicht:
Traders may only have 3 volatility based orders active in a single account at any given time.
Background:
Additional information regarding volatility orders can be found here.
Description
The message "limit on concurrent pegged-to-stock and volatility orders exceeded" will appear when a trader has 3 working volatility orders and attempts to place a 4th. When this message appears, the first three submitted orders will not be affected and the 4th order will be rejected.
Solution
Traders may choose to cancel one of the three working orders in their account in order to be able to submit a new volatility order. The working quantity limitation cannot be overridden.
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