"Order price is outside price limits"

P

paradox

Anyone else getting the following message from IB TWS when entering limit order to buy NQ at 1720?

"Order price is outside price limits"

Lowest that is accepted is around 1745.
Currently trading at 1768.

Odd.
 
Quote from paradox:

Anyone else getting the following message from IB TWS when entering limit order to buy NQ at 1720?

"Order price is outside price limits"

Odd.
More...
Yeah because nobody should be buying. All orders should be either sell or short below current level.
 
Quote from paradox:

Anyone else getting the following message from IB TWS when entering limit order to buy NQ at 1720?

"Order price is outside price limits"

Lowest that is accepted is around 1745.
Currently trading at 1768.

Odd.
More...

The equity index futures have a limit of 5% up or down overnight. When the regular market opens, those limits are lifted.
 
right now, 1743.75 will trigger automatic limits. globex won't allow sell orders to go thru at prices lower than that. currently NQ is hard limited at plus or minus 105 for the night market this quarter. these limits are removed when the pit opens.
 
So you are saying you cannot place resting buy limit orders outside the limit range?

Quote from LlewS:

right now, 1743.75 will trigger automatic limits. globex won't allow sell orders to go thru at prices lower than that. currently NQ is hard limited at plus or minus 105 for the night market this quarter. these limits are removed when the pit opens.
More...
 
Quote from paradox:

So you are saying you cannot place resting buy limit orders outside the limit range?
More...

not sure what the rules are with regard to limit buys below the breaker. it definitely won't be executed until the pit opens though. i'm not sure if it is your broker or Globex who is rejecting your order. you could always call Globex 312-456-2391 and find out. please let me know what they say!
 
Quote from ChiBondKing:

I called GCC

ES
ER2

are in limit down mode.

They are currently watching the NQ

This is as of 2:29AM EST.
More...


Why isn't the DOW in limit down mode? I see a difference of 650 to Friday's close. That is >5%...
 
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