RE: [amibroker] How to prevent NBBO order rejections?

["Pankaj Sharma" <psharma@xxxxxxxxxxxxxx>]

Herman,

 

Did you finally figure a way to determine the acceptable limit price?

 

tx

 

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From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Herman
Sent: 06 December 2009 02:51
To: AmiBroker User Group
Subject: [amibroker] How to prevent NBBO order rejections?

 

 

When testing I often get IB error messages:

Error 202, Order Canceled - reason: limit price too far outside of NBBO.

I would like to prevent these order rejections. Would anyone know what
the NBBO limits are, or how to calculate them, so that I can prevent the
orders from being placed?

Many thanks,
herman

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